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BNB Sets New ATH, OKB Explodes Another 50%, BTC Struggles Below $114K: Market Watch

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Bitcoin’s price struggles continued in the past 24 hours as the asset slipped to a three-week low of $112,500 before it staged a recovery to almost $115,000, where it faced another rejection.

Most larger-cap alts stand relatively calm, but $BNB managed to surge to a new all-time high, while $OKB has stolen the show again with another mindblowing pump.

$OKB, $BNB New ATHs

It seems that the past few days have belonged to digital assets tied to some of the largest cryptocurrency exchanges. $BNB, for instance, traded at around $830 yesterday, but it skyrocketed to a new all-time high of just over $880 in hours. Although it has lost some traction since then, $BNB is still 3% up on the day, trading close to $860.

The daily award for the biggest gains, though, goes to $OKB once again. OKX’s native token has flown by 50% to chart a new record of its own at almost $197 (CoinGecko data). The asset has gained 300% in the past month.

Ethereum has tapped $4,300 after a 1.25% daily increase, SOL has exceeded $185% after a 2% jump, and DOGE is above $0.22 following a 2.5% pump. LINK is close to $26, while ADA and TRX have posted more modest gains. In contrast, MNT has slumped by over 8% following its recent run.

The total crypto market cap has added around $30 billion since yesterday and is up to $3.950 trillion on CG.

$BTC Struggles Below $114K

While some altcoins have headed north to new peaks, bitcoin’s price actually continued its recent downfall. The asset reached a new $ATH last week, but has lost over ten grand since then. The past 24 hours also saw some declines, as $BTC slipped to a three-week low of $112,500 (on Bitstamp).

The bulls managed to react rather well to this price drop and didn’t allow a further breakdown, even though there are a few warning signs. Just the opposite, $BTC jumped to almost $115,000, but it was quickly stopped there and pushed south to under $114,000, where it currently sits.

Its dominance over the alts has slumped by 0.5% in a day to 57.4% on CG, while its market cap is at $2.265 trillion.