Binance Coin Continues Bullish Momentum While Other Major Coins Trade Sideways

Investing, News | March 7, 2019 By:

The cryptocurrency markets have cooled down after showing a surge of growth during yesterday’s sessions. Almost all of the top ten coins are trading sideways and are registering slight gains and losses.

In early trading, the price of bitcoin was up 0.28% and managed to claw back above the $3,900 level. Bitcoin is currently valued at $68.5 billion, giving the most popular coin a dominance rate of 51.6% relative to the broader crypto market.

Binance Coin (BNB) has extended its bull run with a whopping 14.22% price increase. BNB is now the seventh-largest cryptocurrency by market cap and is trading at around $15.