RATE Group | Cryptocurrency Market Update: Binance Coin (BNB) Surging
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Cryptocurrency Market Update: Binance Coin (BNB) Surging

04 Dec Cryptocurrency Market Update: Binance Coin (BNB) Surging

Posted at 15:26h in Cryptocurrency News by

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Markets recouping daily losses, Binance Coin and Nem are in the green, EOS is getting hammered.

The downward motion on crypto markets has continued today as digital currencies slid further back before making a recovery. Monday’s declines have carried on into Tuesday during the Asian trading session but total market capitalization has managed to recoup to similar levels below $130 billion a couple of hours ago.

Bitcoin bulls have failed to keep the digital currency above $4,000 causing it to drop into dangerous territory.  A 5% dump saw BTC fall to an intraday low of $3,840 a couple of hours ago before it managed to bounce back. At the time of writing Bitcoin had pulled back to just above $4k again.

Ethereum has fallen back to $112 and does not look like making any discernible recovery anytime soon. Altcoins are all still red at the moment with some getting more punishment than others. In the top ten EOS is getting pounded with a 10% dive to $2.55 as more centralization woes plague…

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