BNB smashes the new ATH’s $1K, Bitcoin slips from $116K (watch over the weekend)

As assets lowered, Bitcoin’s price movement continued over the weekend, which was $116,000 challenged yesterday.

In addition to BNB, most large Altcoins are also dull, with BNB constantly drawing fresh peaks, with the latest peak well above $1,050.

BTC loss $116K?

The business week of the major cryptocurrencies began with price increases from $115,000 to nearly $117,000, where it faced an immediate rejection, driving it southward for more than two and a half. In the next few days, the ensuing volatility followed, especially leading to the FOMC meeting, where the U.S. Federal Reserve finally lowered key interest rates by 25 basis points.

In the hours before the announcement, BTC jumped $117,000, down below $115,000 and recycled to $116,000. Once the tax rate was cut, Bitcoin remained relatively sluggish at first.

However, the asset took a break during trading hours early Thursday morning, when it jumped to $118,000 in honor of a more than a week high. However, the momentum is short-lived as Bitcoin begins to lose value gradually and falls to $115,200 on Friday.

It bounced over $116,000 yesterday, but has stopped and is now positioned between $115,000 and $116,000. Its market capitalization has stalled by $2.3 trillion, while its advantage on ALTS accounts for nearly 56% of CG.

The World of BNB

It’s safe to say that BNB has been a bigger-hat rock star for the past week or so. The asset has become a new all-time high for duplication, especially as it breaks over $1,000. In just the last 24 hours it exploded about 10% and drew a new peak for $1,080 (on Coingecko). Although it has been slightly backtracked since then, it is still the best performance of the biggest Alts.

In contrast, ETH, XRP, DOGE, ADA, TRX, LINK, AVAX and SUI did not perform major moves, while HYPE dropped by more than 5%.

Aster continues to map out famous gains, adding 40% value over the past day. M and IP followed suit, up 18% and 15% respectively.

Overnight, the cryptocurrency market value cut by about $20 billion, falling to $41.2 trillion in CG.