Cryptocurrencies are facing relatively strong headwinds on Thursday, particularly altcoins led by Ethereum (ETH) and Ripple (XRP). The largest smart contracts token is consolidating at around $3,630, marking a 6% decline from recent highs of $3,858.
BNB (BNB), formerly known as Binance Coin, continues to trade higher above $762 at the time of writing on Monday after closing at its highest-ever weekly level and gaining over 9% last week.
Dogecoin (DOGE) is steadying its recovery on Tuesday, following a technical breakout in the previous month. The leading meme coin hovers at around $0.1701 at the time of writing, showcasing the potential for further gains while aiming for the resistance level of $0.2000.