Turmoil and distress hit the cryptocurrency market early on Friday, with liquidations exceeding $1 billion amid escalating geopolitical tensions in the Middle East.
Bitcoin (BTC) tested support at $100,372 last week on June 5, in the aftermath of Elon Musk’s criticism of Trump’s spending bill and the public spat that followed.
BNB (BNB) is extending its recovery, trading around $670 on Tuesday after rebounding from a key level over the weekend. On-chain data and technical outlook suggest a rally ahead as BNB breaks above the symmetrical triangle pattern, with ecosystem trading volume and stablecoin activity surging.