Despite the Bitcoin price witnessing a lethargic movement above the $50,000 mark, the altcoins are taking a quick recovery sprint. With the BNB price skyrocketing with a high momentum post-retest reversal, Binance enters the list of top performers today.
With a $56 Billion market cap, Binance is finding its lost charm despite being at a discount of 45% from the all-time high of $690.93. Hence, with the ongoing reversal, the chances of a new all-time high are significantly improving.
Bitcoin's m-cap increased to $1.027 trillion in the last 24 hours. The token's dominance is currently 51.81%, according to CoinMarketCap. BTC volume in the last 24 hours fell 13.3% to $18.6 billion. Altcoins like Polygon and Internet Computer rose 6% and 9%, while Solana, Dogecoin, Shiba Inu, Toncoin, Polkadot, and Cardano gained up to 2%