The crypto market rose by 4.44% in the last 24 hours; this is consistent with a weekly increase of 4.53% and a monthly increase of 8.39%. Key factors:
1. Rise in the Binance Ecosystem – With institutional adoption and ecosystem growth, BNB reached new highs.
2. Activity in Derivatives – Open positions in perpetual futures increased by 14.4%, indicating leveraged rise expectations.
3. Correlation between Crypto and Stocks – A correlation of 0.76 with Nasdaq-100 boosted gains in technology stock rallies.

BNB-10.21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)