Bitcoin (BTC) Taps $69K, Binance Coin (BNB) Shoots Up to 3-Month Peak (Market Watch)

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Bitcoin had a quiet weekend with little to no actual movements, but Monday began on a high note as the asset jumped to and above $69,000 for the first time this month.

The altcoins are also slightly in the green. BNB stands out with a 5% increase now, but the asset went even higher earlier this morning.Last Monday was also quite positive for the primary cryptocurrency as it pumped from under $69,000 to a weekly high of over $70,500. However, BTC failed to maintain its run and started losing value by the end of the day, especially on Tuesday. The retracement culminated with a price drop to $67,200., with the most substantial surge on Thursday to $69,500.

Binance Coin is the top performer from the larger-cap alts, having surged by 5% to $630. Earlier, BNB went to $640 for the first time in almost three months. More gains come from the likes of PEPE, KAS, and WIF, while NEAR, LIINK, and UNI are slightly in the red. The cumulative market capitalization of all crypto assets has gained around $40 billion overnight and stands at just over $2.7 trillion on CG,Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

 

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