Despite what appeared to be bearish momentum forming across the top crypto markets this morning, it seems the situation has turned around once again. Although there are still numerous markets in the red, some others are moving up again. Contrary to most people’s expectations, it appears the Binance Coin price may not be noting any real gains as the day progresses.
Binance Coin Price Doesn’t Recover Just yet
It is always intriguing to note how individual cryptocurrency markets tend to evolve as more time progresses. When Bitcoin turns bearish, it is evident the other markets will come under a lot of pressure as well. Binance Coin, while not relying on Bitcoin on most days, is seemingly trying to get its act together once again. So far, that has proven to be rather difficult, but there is always a chance things will improve further down the line. For now, however, the losses remain in place.
Over the past 24 hours, the Binance Coin price has dropped by 1.3% to $16.65. There are also deficits of 1.65% over Bitcoin and…