Bitcoin (BTC) Slips Below $124K, Binance Coin (BNB) Jumps to a New ATH: Market Watch

The cryptocurrency market lost some steam after reaching its peak level towards the end of last week, with Bitcoin (BTC) retracing under $124,000. Some of the leading altcoins, however, continue to march ￰0￱ Coin (BNB), for instance, tapped a new all-time high price above $1,200. BTC Takes a Step Back The primary cryptocurrency made the headlines yesterday (October 5) when its price hit a new historic peak at approximately $125,500. However, the bulls could not hold that level for long, and the valuation retraced to as low as $122,500 shortly ￰1￱ the following hours, there was another resurgence, which pushed BTC above $124,000.

As of this writing, the asset trades at around $123,700, representing a 0.8% decline on a daily ￰2￱ Price,), Ripple (XRP), Solana (SOL), Dogecoin (DOGE), and Cardano (ADA), have followed BTC’s footsteps, registering slight ￰3￱ the other hand, Binance Coin (BNB) defied the pullback and soared to a fresh all-time high of $1,220. The asset is up 20% on a weekly scale, while numerous analysts believe there is much more room for growth during this ￰4￱ popular cryptocurrencies posting some gains today include Mantle (MNT), ZCash (ZEC), and OKB (OKB). The total market capitalization of the sector has slipped by o.5% over the last 24 hours and stands at around $4.33 ￰5￱ Market Overview,) Slips Below $124K, Binance Coin (BNB) Jumps to a New ATH: Market Watch appeared first on CryptoPotato .