Binance Coin (BNB) Back To Top 5 After 9% Weekly Gains: Bitcoin Price Stagnant

Binance Coin (BNB) Back To Top 5 After 9% Weekly Gains: Bitcoin Price Stagnant

Gate Trade News Sunday, October 4, 2020 39 1

BNB takes the 5th spot, while Litecoin is back at the top 10. Bitcoin and the other larger-cap altcoins have stayed stagnant, but the US stock futures could drive volatile price performances later today.

 

Bitcoin has stayed in a relatively tight range between $10,500 and $10,600.

 

Most large-cap altcoins performed similarly, except for Binance Coin. After a 9% increase for the week, BNB now occupies the 5th spot in terms of total market cap.

 

Following the recent price declines from Friday and early Saturday, Bitcoin calmed down. Since yesterday, BTC dipped to a low of around $10,500 and jumped towards the intraday high of $10,600.