BNB Price Analysis: Traders Cash Out Amid Crypto Pullback and Inflation Concerns

BNB Price Analysis: Traders Cash Out Amid Crypto Pullback and Inflation Concerns

BNB fell nearly 2% over the past 24 hours as crypto traders rushed to lock in profits, with the token dropping to now trade around the $680 mark after briefly touching $700.The slide mirrors broader market jitters after bitcoin (BTC) surged to a record above $120,000, prompting a wave of profit-taking that brought the cryptocurrency back down to $116,000 at the time of writing.The profit-taking trend also comes at a time in which inflation grew …

Bitcoin pulls back as record rally triggers profit taking

Bitcoin falls after record rally, trading at $117,386; Ether and other cryptocurrencies also decline amid market pullback.

Bitcoin Pulls Back as Record Rally Triggers Profit Taking

Bitcoin fell as traders cashed in after a record-breaking rally sent the top digital token above the $120,000 milestone.

Bitcoin Profit-Taking Spikes Without Price Drop - Strong Demand Or Delayed Reaction?

Bitcoin’s (BTC) on-chain activity has accelerated over the past few days, with the leading cryptocurrency by market cap hitting successive new all-time highs (ATHs). As a result, several metrics now indicate renewed interest from both long-term holders and recent participants. Older Bitcoin Moves Amidst High Profit-Taking According to a CryptoQuant Quicktake post by contributor Kripto Mevsimi, Bitcoin’s Coin Days Destroyed (CDD) has surged signi…

Bitcoin’s Astounding Profit Surge: Glassnode Reveals $3.5B Realized Gains

BitcoinWorld Bitcoin’s Astounding Profit Surge: Glassnode Reveals $3.5B Realized Gains The cryptocurrency world is buzzing with significant news from the on-chain analytics firm Glassnode: Bitcoin investors have just experienced an astounding period of profit-taking, realizing a staggering $3.5 bill...