Bitcoin Market Analysis — May 4
Bitcoin (BTC) got struck by immense volatility yesterday as the benchmark cryptocurrency dipped by over $4k after touching the $59k high. Meanwhile, Ethereum (ETH), Binance Coin (BNB), and Dogecoin (DOGE) continued to print record highs after record highs.
Ethereum has been on a bullish roll for a while now and has recorded a new record high almost every day. At press time, the second-largest cryptocurrency has spiked by over 320% since the start of the year.
Another impressive performer of recent is the BNB, the native cryptocurrency of the world’s largest crypto exchange. The third-largest cryptocurrency recorded a new all-time high at $680 yesterday, pushing its market valuation over $100 billion for the first time.
The DOGE also had an impressive run yesterday and has crossed the $0.48 level for the very first time at...
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