New ATHs for BNB and TRX as BTC Returns to $97K (Market Watch)
TRX is today’s top performer.
Bitcoin faced some extreme volatility yesterday amid the latest developments in South Korea, but it managed to recover its losses and is back to roughly $97,000.
The show, though, belongs to a few altcoins once again, such as TRX and BNB, both of which have soared to new all-time highs.
BTC Back to $97K
After last week’s bounce-off from $91,000, the primary cryptocurrency went on the offensive and shot above $98,000 on Friday. However, the bears came out of the woods again at that point and didn’t allow another attempt at cracking into six-digit price territory.
BTC slipped during the weekend and stood within a range between $96,000 and $97,000. Monday began with a brief surge past $98,000, which was met with tons of resistance that drove bitcoin south to under $95,000.
Another volatile wave hit the market with a surge to $97,500 and a subsequent rejection to $94,500.
A similar scenario repeated yesterday amid the brief martial law in South Korea, and BTC dumped to $93,500 this time, with warnings about an even more severe correction.
