Ethereum breaks ATH again but pulls back, BNB rises 8%

Ethereum broke ATH again as Bitcoin failed to break the $ 63,000 price range as we take a closer look at our latest altcoin news and analysis today.

Another day of high volatility and we could see Bitcoin hit $ 63,000 but have fallen several thousand dollars since then. Ethereum marked another ATH above $ 4400 before correcting while the Binance coin rose to $ 500. Since BTC hit an all-time high of $ 67,000, all eyes have been on the crypto world, Ethereum is the second largest digital asset as Ethereum ATH breaks again within a week.

However, Ethereum failed to make it at $ 4,400 and started another leg a few hours later.

This time the asset has climbed to $ 4,460 above the new range and has fallen a little so far but is still above $ 4,300. Binance Coin has been the biggest winner of larger cap altcoins in the past 24 hours, and BNB is up 8% while climbing above $ 530 for the first time. Some of the small wins clearly come from Terra and Polkadot, while Dogecoin, Avalanche, Terra, Solana and Chainlink are all in the red. However, the top 100 coins came with a repeat. Dogelon Mars rose 175% in one day and 360% in a week. BitTorrent is up 13%, Decentraland is up 32%, Tron is up 10%, and some other coins have made sustained profits as well.

Crypto market cap is up $ 40 billion in a day and is up $ 2.6 trillion. The major cryptocurrency began rallying to a two-week low of $ 56,000 yesterday after a sudden drop from a day ago, after which it rebounded slightly and traded above $ 60,000. It took a hit as most of the market added around $ 2,000, and as it was, it hit $ 63,000 for the first time in a few days. It couldn’t go any further up, however, when the bears returned to the game and pushed it south. BTC is at $ 61,500, but its market cap is north of $ 1,150 trillion.

As recently reported, after falling to $ 54,500 the previous day, it continued to run and was just inches from the $ 58,000 level but stopped there. The bears stopped moving and pushed the coin south, but so far BTC has regained its position and is currently around $ 57,500 with its market cap, nearly $ 1.1 trillion more.

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