Market Dominance & Volatility
Bitcoin ( $BTC ): Remains the dominant cryptocurrency, often setting the tone for the entire market. Known for its volatility, BTC price swings can significantly impact other cryptocurrencies, including ETH,BNB
Ethereum ($ETH ): As a leading platform for decentralized applications (dApps), ETH's performance is closely tied to the growth of the DeFi and NFT sectors. Its volatility can be higher than BTC due to its exposure to these emerging sectors.
$BNB (Binance Coin): Native token of the Binance exchange, BNB's price is influenced by the exchange's trading volume and success. Binance's expansion into new markets and services can positively impact BNB's value, but it also carries inherent risks associated with centralized exchanges.