Bitcoin (BTC) continues to decline, prolonging the correction that began earlier this week. The technical weakness exhibited by the largest cryptocurrency by market capitalization is potentially driven by low interest from retail investors.
BNB (BNB), formerly known as Binance Coin, is back in recovery mode, trading above $930 at the time of writing on Tuesday after a minor dip earlier this week. On-chain data fuel bullish sentiment, with BNB’s Total Value Locked (TVL) and stablecoin supply nearing record highs.
Bitcoin (BTC) hovers around the $115,000 level on Wednesday after surging above $116,000 earlier in the day amid rising risk-on sentiment in the broader cryptocurrency market.