BNB hits $ 1K to new Aths while Bitcoin slides further from $ 116k (weekend watch)

BNB hits $ 1K to new Aths while Bitcoin slides further from $ 116k (weekend watch)

The rather boring price movements of Bitcoin on the weekend continue, while it was active from the level of $ 116,000, which it challenged yesterday.

Most altcoins with larger cap are also quite slow, apart from BNB, which still maps new peaks, with the newest well above $ 1,050.

BTC to lose $ 116k?

The business week of the primary cryptocurrency began with a price die of less than $ 115,000 to almost $ 117,000, where it was confronted with an immediate rejection that it drove to the south with more than two and a half grand. More volatility followed in the following days, especially leading to the Wednesday FOMC meeting, in which the American Federal Reserve finally lowered the most important interest rates with 25 BPS.

In the hours before the announcement, BTC jumped beyond $ 117,000, dropped below $ 115,000 and recovered to $ 116,000. As soon as the speed reduction became known, Bitcoin remained relatively slow in the beginning.

However, the active went into the offensive during the early trading hours on Thursday morning when the jump to $ 118,000 to mark a more high -week high. That momentum, however, was short -lived, because Bitcoin gradually started to lose value and fell to $ 115,200 on Friday.

Yesterday it bounced into just over $ 116,000, but was stopped and is now placed between $ 115,000 and $ 116,000. Market capitalization is stuck at $ 2.3 trillion, while his dominance over the alts is almost 56% on CG.

Btcusd. Source: TradingView

BNB’s world

It is safe to say that BNB has been the Rockster of the larger CAP alts last week. The active has marked repeated new all-time highlights, especially because it broke more than $ 1,000. In the last 24 hours alone, it exploded by around 10% and mapped a new peak at $ 1,080 (on Coingecko). Although it has since been withdrawn somewhat, it is still the best performer of the largest alts.

On the other hand, ETH, XRP, Sol, Doge, Ada, TRX, Link, Avax and Sui have not made any major movements, while the hype has fallen by more than 5%.

Aster continues to map remarkable profits and add more than 40% of the value in the past day. M and IP follow the example, with increases of 18% and 15% respectively.

The total crypto market capitalization has dropped around $ 20 billion at night and has fallen to $ 4,120 trillion on CG.

Overview of Cryptocurrency market. Source: QuantifyCrypto
Overview of Cryptocurrency market. Source: QuantifyCrypto
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Cryptocurrency -cards by TradingView.

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