- Binance Coin continues to rise after another ATH record. This time it’s over $ 70. BTC also recorded gains as it approached the coveted $ 40k level. After losing a significant share of market dominance recently, Bitcoin recovered some of its losses by approaching $ 40,000.
Will the ascension continue?
Although several thousand dollars have risen from $ 32,000 to around $ 37,000 since Monday’s drop, the increases in Bitcoin have been overshadowed and some alternative cryptocurrencies took the main stage. As a result, they’ve reduced BTC’s dominance over the market to just over 60%.
However, the leading cryptocurrency reacted in the past 24 hours and jumped to its intraday high of $ 39,700.
BNB breaks records
Most alternative cryptocurrencies have calmed down a bit in the past 24 hours after significant weekday gains. Ethereum was below $ 1,700 after hitting an all-time high of $ 1,740 yesterday.
XRP, Chainlink, and Polkadot showed minor losses, while Cardano and Litecoin each rose about 6% to $ 0.54 and $ 160.
However, Binance Coin continued to rise with another impressive move.
This time, Binance’s native token has set a record, exceeding the $ 70 level. Moreover, BNB jumped to 7th place by market capitalization, outpacing LTC and LINK.