BNB, an exchange token used within the Binance trading environment, jumped 20%, leading a broad rebound in crypto markets that had been in freefall over acute speculation that the rival FTX exchange might be facing a rapid run on deposits.
Source
Related posts
-
‘Crypto Winter’ Arrives Early For The Altcoin Market As Venture Capital, Founder Selloffs Mount
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five... -
Korean Researcher Says Benefits of Spot Crypto ETFs Are Outweighed by Potential Harm
A researcher with the Korean Institute of Finance has... -
Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden
Marathon Digital’s CEO has shared his insights on the...