Altcoin market updates: XRP, BNB advance as traders bet on third consecutive Fed rate cut.

As the geopolitical crisis surrounding the fall of the Assad regime in Syria tapered off this week, dovish figures on the latest US CPI data raised investor optimism across the crypto market.

Bitcoin price held firm above the $100,000 level, Ripple (XRP) cleared the $2.40 resistance, while resurgent trading activity saw Binance Coin (BNB) break past the $725 level on Friday.

Binance Coin (BNB) price surged 2.5% on Friday to emerge best performer among the top-10 crypto assets.

BNB’s price surge on Friday saw it break above the $725 resistance level for the first time in five days, signalling that trading activity with the retail dominated markets on Binance is now recovering after the abrupt downtrend earlier in the week.