BNB recovers 5 %, BTC remains calm at CPI announcement at $ 26,000 (Market Watch)

BNB recovers 5 %, BTC remains calm at CPI announcement at $ 26,000 (Market Watch)

The Bitcoin Prize experienced a small roller coaster ride yesterday after the US VPI's announcement, but ultimately calmed down at around $ 26,000.

The old coins were more volatile, with BNB increased by 5 % after the SEC's urgency application, the assets from binance.us, was rejected.

BTC goes up and off

After the increased volatility at the beginning and at the end of the last week, Bitcoin had mostly calmed down at around $ 26,000 and expected the US VPI numbers for May. Since the inflation rate in the largest economy in the world actually decreased slightly compared to the previous year, BTC continued to north and reached $ 26,400.

However, this was only short -lived because the cryptocurrency lost all direct profits. In addition, the Bitcoin course continued to drop and fell less than an hour after the publication of the CPI numbers to $ 25,700.

At this point, the bulls increased and did not allow any further declines. You have raised BTC to $ 26,000, but the asset has so far not been decisively overcome this level and is being traded just below.

Nevertheless, its market capitalization remained over $ 500 billion and its dominance compared to the old coins is still over 47.5 %.

Btcusd. Tradingview

BNB increases by 5 %, XRP falls by 5 %

The old coins decreased considerably after the complaints of the SEC against Binance and Coinbase. As expected, BNB was one of the final lights, since the asset only fell to a six-month low of $ 222 a few days ago. However, BNB recovered in the following days and has increased by another 5 % in the last 24 hours. This happened after a US judge had rejected the urgency application of the SEC to freeze all binance.

In contrast, XRP has fallen by a similar percentage in the last 24 hours. Nevertheless, it is still traded at just over $ 0.5. Cardano, Litecoin and Solana also write red in the day comparison.

ETH, Doge, Trx, Matic, Dot, Avax and Shib remained relatively quiet last day.

Overall, the crypto market capitalization lost a little more than $ 5 billion in one day and, according to CMC, is $ 1.155 trillion.

Overview of the cryptocurrency market. Quantify crypto