Bitcoin Cash (BCH) price is hovering around $508 at the time of writing on Tuesday, after being rejected by the previously broken trendline. Weak on-chain and derivatives metrics, coupled with declining market sentiment, suggest a deeper correction as bears set their sights on the $450 support zone.
Tether Gold (XAU₮), a tokenized Gold asset from Tether, the company behind USDT, the world's leading stablecoin, surged past the $2 billion valuation threshold last week, driven by surging demand for real-world assets (RWAs).
BNB, previously known as Binance Coin, is trading near $1,100 at press time on Wednesday, following a 3% drop the previous day. The declining network activity on the BNB chain ecosystem and the nearly 5% drop in futures Open Interest indicate low demand.