The crypto market is at the edge of perhaps another move to the downside. Binance token $BNB needs to bounce soon, or face a drop into the void.
The crypto market is in the red for yet another day. Bitcoin is flirting with $26,000 currently, and should it now fall and go through the support at $25,000 then things could get rather uncomfortable indeed for the entire crypto sector.
A bounce in sight?
However, bitcoin is battling and bulls do not look as though they will go down without a real fight. A rather large gap on CME is open above, with the upper bound at $27,620. Given that bitcoin is also looking quite oversold, a potential bounce could be seen later today or tomorrow.
Plenty of bad news around
There is plenty of really negative news on the global financial front, such as Chinese property developer Evergrande going into bankruptcy, but these sorts of events are nearly always priced into the market.
With global financial markets at the edge of their own black hole, there will de
We współpracy z: https://cryptodaily.co.uk/2023/8/crypto-faltering-bnb-about-to-go-over-the-cliff
