Price analysis 1/17: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, LINK, XLM
Bitcoin's chance of hitting a new all-time high has increased, buoyed by expectations of the adoption of a US Bitcoin reserve.
Keep up with what's happening in the crypto world in real-time.
Bitcoin's chance of hitting a new all-time high has increased, buoyed by expectations of the adoption of a US Bitcoin reserve.
KernelDAO, a leading restaking protocol, has launched a $40 million Ecosystem Fund to accelerate the development of its platform and strengthen its presence within the BNB Chain ecosystem.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) While altcoins such as XRP, SOL, and BNB have made new records since November 2024, Ethereum continues to struggle with a modest 3% price increase this week.
Cryptocurrencies recorded significant surges over the past few sessions as bulls emerged ahead of Donald Trump's inauguration ceremony. Crypto trading platforms confirm the prevailing enthusiasm with surged trader activities. BitDegree data shows Binance's 24-hour trading mushroomed from $4.78 billion on 11 January to yesterday's peak of $19.06 billion. That suggests a staggering 298.
BNB price is consolidating above the $700 support zone. The price is consolidating and might aim for a fresh increase above the $720 resistance.
Bitcoin's recovery to $100,000 is likely to be met with strong resistance, but if the bulls prevail, the next stop is near $108,300.
SOL and BNB showed positive signs hinting at the correction completion. Further confirmation is needed as the prices now reached key resistance levels.
The U.S. Supreme Court has denied Binance's appeal to overturn a class action lawsuit, a decision that has reverberated across the crypto market. Binance Coin (BNB), the native token of the Binance ecosystem, bore the brunt of this legal blow, dropping to a multi-week low of $660 before partially recovering to $687 at press time.
Gary Gensler's resignation next week could bode well for tokens that have been previously targeted by U.S regulators.
Explore the BNB Testnet Faucet, a crucial tool for developers to test applications and smart contracts in a risk-free environment before mainnet deployment.
The latest price analysis by Coinidol.com report, the price of Binance Coin (BNB) has fallen below the moving average lines, reaching a low of $659 on January 13.
BNB faces growing bearish pressure as technical and market indicators point to potential correction.
Bitcoin's fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level.
The market seems unlikely to make a reversal, according to CoinStats.
Derivatives data and price action revealed key market dynamics and trader positioning shifts.
Bitcoin's bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000.
Binance Coin, the fifth-largest cryptocurrency by market capitalization, has largely avoided the ongoing crypto crash and is hovering near its all-time high.
Solana price today remains under pressure as bulls attempt to buy the dip following a 30% crash from its December highs. While BNB has also dropped, its performance has been less severe than SOL and other top altcoins.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum tried to move above $3,600 this week but was quickly stopped by sellers who came in force to push the asset back to the key support at $3,200.
BNB's short-term price targets depends on a few key factors.
BNB is attempting to breach the $741 resistance level, which stands as a critical barrier to reaching its all-time high (ATH) of $793.
Bhutan's Gelephu Mindfulness City experiments with Bitcoin, Ether, and BNB in its reserves.
Binance Coin (BNB) has found itself in a precarious position recently, hovering around $696.40 after experiencing a significant 4.58% decline over the past two days. This downturn comes despite BNB's relatively strong performance earlier, highlighting potential underlying weaknesses in its price action.
Gelephu Mindfulness City, Bhutan's Special Administration Region, has revealed plans to include Bitcoin (BTC), Ethereum (ETH), and BNB in its strategic reserves.