Bitcoin price staged an intraday rally to the $44,000 level and technical charts show altcoins are keen to follow.
Binance Coin News

Binance Сoin (BNB) is a cryptocurrency designed by the eponymous cryptocurrency exchange. Based on the ERC-20 standard, Binance Coin was established with the Ethereum technologies. The Binance Coin market cap is one of the largest on the market and the largest among the ERC-based tokens with over 1,3 billion dollars at the time of writing this article. BNB was developed to become a trading tool on the Binance cryptocurrency exchange. BNB-based transactions are subsidized by the exchange making the coin more attractive to use within it. Due to the large trading volume of Binance and its effective strategy on the new asset, Binance Coin was fast to become a major part of the industry. BNB price is supported by the large number of businesses accepting the coin as a form of payment.
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Bitcoin is witnessing profit-booking by short-term holders, but institutional investors continue to put money into BTC investment products.
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Altcoins show compelling technical setups after Bitcoin price blew past $42,000 on December 4.
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Bitcoin price hit a new 2023 high on Dec.1 and multiple altcoins are following suit. Is the crypto market preparing for a Santa Claus rally?
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Bitcoin is struggling to sustain above $38,000, but the bulls have not given up much ground, which some analysts say increases the chance of a rally to $40,000.
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Bitcoin is witnessing profit-booking near $38,000, but the correction is likely to be shallow as lower levels are likely to attract buyers.
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Bitcoin has risen above $38,000, clearing the path for a rally higher. Will altcoins follow?
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The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels.
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The BNB token defied Nov. 21’s wider market downturn with a high-volume rally, which saw its price hit a five-month high at $271.90.
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BNB hit its highest price since June after Bloomberg reported the U.S. Justice Department wanted $4 billion from Binance to end its probe into the exchange.
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The weakness in the U.S. Dollar Index suggests that risky assets such as Bitcoin and the S&P 500 Index may remain in favor of the buyers.
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Bitcoin has more than doubled in price since the FTX collapse in November 2022, but several other coins, such as Chainlink, have seen even bigger gains since.
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Bitcoin and select altcoins are showing strength, a possible sign that the bull trend has resumed.
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Bitcoin opened the week with a shallow correction, but altcoin traders seem unaffected by the slight BTC price pullback.
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Bitcoin and Ether are leading the cryptocurrency markets from the front, but the risk of a short-term pullback remains.
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