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.
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.
ETH price sharply recovered as market fears eased and derivatives stabilized, suggesting that a return to $4,500 could be Ether’s next stop.
Friday’s sell-off exposed a UI pricing bug on some pairs, Binance says — zero prices on screens, but orders and balances tracked true market levels.
Tensions between the two countries appear to have cooled off on Sunday, as representatives from both sides signaled a willingness to negotiate.