<\/p>\n
The BNB market cap broke $180 billion, surpassing both Tether and XRP, but can its dominance continue? <\/p>\n
<\/p>\n
In a move that shook up crypto rankings, BNB has overtaken XRP in market cap. On Tuesday, Oct. 7, BNB reached an all-time high of $1,336.57, positioning itself as the third-largest crypto asset, overtaking both XRP and Tether\u2019s USDT.<\/p>\n
As BNB started flipping XRP, market momentum took over for both coins. While BNB registered a 5.35% daily gain, XRP fell by 4.59%. At its height, BNB\u2019s market cap reached $185 billion before stabilizing at $180 billion. This level puts it above XRP\u2019s market cap of $173 billion.<\/p>\n
Now, traders are asking whether this positioning will continue, or whether the recent BNB rally is a fakeout fueled by speculation.<\/p>\n
<\/p>\n
For one, BNB\u2019s recent rally has strong support behind it, both in terms of on-chain metrics and price charts. In the past few days, the token held steady above the $1,200 support, as well as key moving averages. This indicates that buyers are still in the driver\u2019s seat.<\/p>\n
At the same time, XRP stayed below the crucial $3 resistance level. Moreover, given BNB\u2019s rally, XRP will need its most bullish case to flip BNB again. Still, some experts believe that XRP has a springboard ahead if it manages to reverse the recent decline.<\/p>\n
\n\u201cXRP is also interesting to watch right now, as it keeps testing the structural $3.00 ceiling, and breaking the $3.10\u2013$3.20 range with strong volume would clear immediate resistance and open a move toward $3.30\u2013$3.50,\u201d Arthur Azizov, Founder and Investor at B2 Ventures told crypto.news. <\/p>\n<\/blockquote>\n
In any case, BNB could also see a minor correction. While most signals lean bullish, the Relative Strength Index at 77.38 indicates slightly overbought conditions.<\/p>\n
<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
The BNB market cap broke $180 billion, surpassing both Tether and XRP, but can its dominance continue? Summary BNB market cap has surpassed that of XRP and USDT The Binance…<\/p>\n","protected":false},"author":1,"featured_media":6056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12805"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12805\/revisions"}],"predecessor-version":[{"id":12806,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12805\/revisions\/12806"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6056"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}