TL;DR:
Market cautiously turns risk-on as BTC reclaims $90K and fear eases.
BNB Chain sector gains 4.1%, adding $8.3B as small caps surge.
Builders focus on DeFi, RWAs & predictions: DWF fund, NBNB, Trust Wallet.#Binance #Cryptonews $BNB
The last month has been a tumultuous period for the cryptocurrency market. Bitcoin (BTC) fell below and then recaptured the $90K price point, while most altcoin sectors witnessed a striking recovery following weeks of decline.
The CoinMarketCap Crypto Fear and Greed Index has now improved from Extreme Fear to Fear, suggesting market participants are still wary about the recent positive momentum.
Here’s how the BNB Chain sector has developed since our last update.
BNB Chain Market Recap
After three weeks of decline, the BNB Chain sector is now showing signs of recovery.
The sector added $8.3 billion to its market capitalization (mcap) following a 4.1% week-over-week (WoW) gain.
In line with this, most major BEP-20 tokens are in the green, with some putting on an impressive display.
Seven of the top 10 largest BNB Chain ecosystem tokens are positive WoW, with Chainlink (LINK) and MYX Finance (MYX) leading with gains of 12.4% and 26.7%, respectively.
BNB (BNB) remains by far the largest asset in the sector, surging back toward the $900 price point after tacking on 4.8% this week.
BNB Chain News: $8.3B Rebound as Small Caps and Builders Go Risk-On
Table of Contents
Crypto News
BNB Chain News: $8.3B Rebound as Small Caps and Builders Go Risk-On
By Daniel Phillips
3m
Created 4h ago, last updated 4h ago
BNB (BNB) remains by far the largest asset in the sector, surging back toward the $900 price point after tacking on 4.8% this week.
BNB Chain News: $8.3B Rebound as Small Caps and Builders Go Risk-On
Table of Contents
TL;DR:
BNB Chain Market Recap
BNB Chain News Roundup
TL;DR:
Market cautiously turns risk-on as BTC reclaims $90K and fear eases.
BNB Chain sector gains 4.1%, adding $8.3B as small caps surge.
Builders focus on DeFi, RWAs & predictions: DWF fund, NBNB, Trust Wallet.
The last month has been a tumultuous period for the cryptocurrency market. Bitcoin (BTC) fell below and then recaptured the $90K price point, while most altcoin sectors witnessed a striking recovery following weeks of decline.
The CoinMarketCap Crypto Fear and Greed Index has now improved from Extreme Fear to Fear, suggesting market participants are still wary about the recent positive momentum.
Here’s how the BNB Chain sector has developed since our last update.
BNB Chain Market Recap
After three weeks of decline, the BNB Chain sector is now showing signs of recovery.
The sector added $8.3 billion to its market capitalization (mcap) following a 4.1% week-over-week (WoW) gain.
In line with this, most major BEP-20 tokens are in the green, with some putting on an impressive display.
Seven of the top 10 largest BNB Chain ecosystem tokens are positive WoW, with Chainlink (LINK) and MYX Finance (MYX) leading with gains of 12.4% and 26.7%, respectively.
BNB (BNB) remains by far the largest asset in the sector, surging back toward the $900 price point after tacking on 4.8% this week.
Source: BNB (BNB) Token Page
This week’s biggest winners were found among the small caps, suggesting speculators are beginning to rotate back into risk-on plays.
This week’s biggest gainers, and their catalysts (where known), include:
c8ntinuum (CTM): +77.4% (Unclear catalyst)
Bitlight (LIGHT): +63.5% (Sustained post-listing momentum on Binance Alpha/KuCoin and multi-exchange LIGHT airdrop campaigns)
siren (SIREN): +39% (Unclear catalyst)
Sky (SKY): +32.3% (Rallied on Sky Protocol’s latest 40.5M SKY buyback using 1.9M USDS)
Brett (Based): +29.9% (Unclear catalyst)
A mix of DeFi platforms, meme coins, and AI tokens led the trending list.
