Santiment analyst Brian Q said emotional trading tied to political news is dominating short-term market behavior more than ever.
The compensation plan marks the Binance ecosystem’s biggest user relief effort yet following the crypto market wipeout of about $20 billion.
Bitcoin and the major altcoins witnessed solid buying at lower levels, but a sustained relief rally is unlikely as the bears are expected to sell at higher levels.
Binance Wallet’s balance display issues came soon after CZ-owned Trust Wallet reported experiencing the same issue on Sunday.
Crypto companies looking to raise funds set a new record, reaching $3.5 billion last week before the market crashed on Friday.
A sovereign crypto fund surprised markets by making its first investment in BNB, rather than Bitcoin. This is a big, bold move in Kazakhstan’s strategy.
Several altcoins, including ATOM and IOTX, briefly hit zero on Binance during Friday’s crypto crash but stayed afloat elsewhere.
CEA Industries CEO David Namdar calls BNB “the most overlooked blue-chip,” as the token hits new highs and its ecosystem shows rising usage.
Bitcoin is retesting the golden cross, a bullish pattern that preceded past parabolic rallies, with analysts saying a breakout above $110,000 could trigger another move.
Ether, BNB and Solana led as the crypto market powered back up after Friday’s flash crash, with crypto treasury firm BitMine capitalizing on the dip.