The BNB price is trading at $568 with a bearish bias as of 4:30 am EST. BN`b has been sealed in a downtrend over the last four days, with 3.2% losses. Market participants are expecting a sustained uptrend for the exchange token as it trades in a highly bullish chart pattern in the daily timeframe. BNB bulls seek a return to areas above $625 BNB has had an impressive run in 2024, posting more than 82% gains from year-to-date. In the recent sell-off, the price turned away from all-time highs of $724 reached on June 5, as profit-booking took precedence.…

The ongoing crypto rally is broad-based, showcased by the global market capitalization gaining nearly 4.5% over the past 24 hours to rest at $2.4 trillion. The total trading volume has also reached $90 billion, asserting the strength of the recovery. Ripple’s XRP is leading the gains on Wednesday, up 14.85% over the last 24 hours to trade at $0.6161 at the time of publication. With this performance, XRP is the biggest gainer among the top 10 cryptocurrencies by market capitalization according to data from CoinMarketCap. Top gainers Feb. 1. Source: CoinMarketCap In comparison, the largest cryptocurrency, Bitcoin, is up 4%…

The bears are returning to the scene as Bitcoin flashes red on Tuesday, as the big crypto trades 0.1% lower on the day. The second largest cryptocurrency by market capitalization, Ether, is flashing green, up 0.42% over the last 24 hours. Other top-cap cryptos, such as Ripple’s XRP and Toncoin (TON), had posted 0.5% gains and 2.6% losses, respectively, over the last 24 hours. 24-hour performance of top cryptocurrencies. Source: Coin360 The wider crypto market was still showing signs of recovery, up 0.31% over the last 24 hours to rest at $2.31 trillion. Could altcoins start a rebound in the…

Ether’s (ETH) price has risen back above $3,300 after rallying 10% over the last three days. The price of the second largest cryptocurrency by market capitalization was trading at $3,346 at the time of publication, up 4% over the last 24 hours. The rise in Ethereum’s price mirrored a recovery in the wider crypto market which had increased by 3.55% over the same period to rest at $2.3 trillion. Bitcoin (BTC) has also rallied 4.3% to reclaim the $62,000 level. Ether’s trading volume has also jumped by over 33% over the last 24 hours to $13.13 billion, asserting the strength…

The bears are resuming the downtrend in Bitcoin on Thursday, as the big crypto trades 1% lower on the day. The second largest cryptocurrency by market capitalization, Ether, is flashing green, up 1.20% over the last 24 hours. Other top-cap cryptos, such as BNB Chain’s BNB and Cardano (ADA), were also in the green, up 1.25% and 2.75%, respectively, over the last 24 hours. 24-hour performance of top cryptocurrencies. Source: Coin360 Others, such as Avalanche, Solana and Polkadot, were turning down, reflecting the general sentiment in the wider crypto market. The total crypto market valuation was down 24% over the…

The Celetia (TIA) is leading the gains on Wednesday as all the wider crypto market experienced modest gains. TIA price is up 18.71% over the last 24 hours to trade at $7.28 as of 2:00 am ET. With this performance, Celestia is the biggest gainer among the top 100 cryptocurrencies by market capitalization according to data from CoinMarketCap. Top gainers Feb. 1. Source: CoinMarketCap In comparison, the global crypto market capitalization is up 1.84% on the day to rest at $2.16 trillion. Bitcoin is up 3% to $59,250, and Ether’s ETH has increased by 1.1% to $3,112 over the same…

Ethereum experienced an impressive 5% surge over the last 24 hours, reclaiming the critical $3,000 level. Independent analyst Jelle spotted Ether trading just above $3,00 saying, after the relative strength index successfully reset from the oversold region, ETH is poised to go higher. “Pretty good bet here in my opinion.” $ETH looks like this, with the ETFs about to go live for trading. RSI fully reset, local lows taken out — no Mt. Gox & Germany supply overhang… Pretty good bet here imo. pic.twitter.com/Uj6PDCBhMp — Jelle (@CryptoJelleNL) July 8, 2024 Despite this positive outlook from Jelle, derivatives data and technical…

Notcoin (NOT) has witnessed an impressive price rally over the last three days. Data from TradingView shows that the NOT price rose from a low of $0.0091 on July 5, climbing 79% to today’s intraday high of $0.0162. The asset’s market cap currently sits at $1.5 billion, making it the 49th-largest cryptocurrency. Moreover, Notcoin’s daily trading volume has skyrocketed by 307% over the last 72 hours, reaching a whopping $1.1 billion. According to data from Coinglass, the Notcoin total open interest increased by 90% over the last three days— rising from $101.56 million on July 6 to $192 million on…

Last week was painful for crypto market participants. The Bitcoin price fell below the $58,000 mark, losing key support from the 200-day exponential moving average. Although the price attempted a recovery on Saturday, July 6, the price of the big crypto dropped below the $56,500 mark again on Sunday, disrupting market structure and signaling a bearish outlook. Ether (ETH), XRP and other top-cap cryptocurrencies slipped below critical support levels, indicating a possible downtrend for the crypto market in the days ahead. At the time of writing, the total crypto market capitalization was at $2.05 trillion, down 3.3% over the last…

AI-related coins have turned down from their recovery last week to record double-digit losses over the past 24 hours. At a time when the largest cryptocurrency by market capitalization, BTC is struggling to hold above the $54,000 mark, recording its intra-day low of $53,500 on July 5, — most AI coins followed in its footsteps and experienced double-digit losses. Before the current bearish brunt, this category of cryptocurrencies was among the biggest gainers in the green crypto market. Performance of top AI coins. Source: CoinMarketCap Near token (NEAR) mirrored the broader market trend, achieving a 16% price decrease in the…