{"id":25635,"date":"2024-12-04T10:20:58","date_gmt":"2024-12-04T10:20:58","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=25635"},"modified":"2024-12-04T10:20:58","modified_gmt":"2024-12-04T10:20:58","slug":"new-aths-for-bnb-and-trx-as-btc-returns-to-97k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=25635","title":{"rendered":"New ATHs for BNB and TRX as BTC Returns to $97K (Market Watch)"},"content":{"rendered":"

Bitcoin faced some extreme volatility yesterday amid the latest developments in South Korea, but it managed to recover its losses and is back to roughly $97,000.<\/p>\n

The show, though, belongs to a few altcoins once again, such as TRX and BNB, both of which have soared to new all-time highs.<\/p>\n

BTC Back to $97K<\/h2>\n

After last week\u2019s bounce-off from $91,000, the primary cryptocurrency went on the offensive and shot above $98,000 on Friday. However, the bears came out of the woods again at that point and didn\u2019t allow another attempt at cracking into six-digit price territory.<\/p>\n

BTC slipped during the weekend and stood within a range between $96,000 and $97,000. Monday began with a brief surge past $98,000, which was met with tons of resistance that drove bitcoin south to under<\/a> $95,000. Another volatile wave hit the market with a surge to $97,500 and a subsequent rejection to $94,500.<\/p>\n

A similar scenario repeated yesterday amid the brief martial law<\/a> in South Korea, and BTC dumped to $93,500 this time, with warnings<\/a> about an even more severe correction.<\/p>\n

However, the cryptocurrency headed in the opposite direction and now sits close to $97,000 after recovering over three grand since yesterday\u2019s low.<\/p>\n

Its market cap has reclaimed the $1.9 trillion line, but its dominance over the alts has dumped again to 51.3% on CG.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 4.12.2024. Source: TradingView<\/p>\n

TRX, BNB at New Peaks<\/h2>\n

As reported<\/a> earlier, TRX emerged as today\u2019s top performer as it skyrocketed by almost triple digits at one point and shot above $0.4 to mark a fresh all-time high. Binance Coin is another larger-cap asset that charted a new peak of almost $800.<\/p>\n

Other notable gainers from the larger-cap alts include AVAX, TON, DOT, BCH, ETC, and FIL. Ethereum has gained more than 3% and sits above $3,700.<\/p>\n

The total crypto market cap has added another $60 billion since yesterday and sits at a peak of its own at over $3.730 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

The post New ATHs for BNB and TRX as BTC Returns to $97K (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin faced some extreme volatility yesterday amid the latest developments in South Korea, but it managed to recover its losses and is back to roughly $97,000. The show, though, belongs to a few altcoins once again, such as TRX and BNB, both of which have soared to new all-time highs. BTC Back to $97K After […]<\/p>\n","protected":false},"author":0,"featured_media":25636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-25635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/25635"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25635"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/25635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/25636"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}