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The ever-dynamic world of cryptocurrency has found March to be a month of massive development and notable milestones. Binance Coin (BNB) surged to an outstanding $530 at ATH in the middle of market volatility. At the same time, the emergence of Pushd (PUSHD) is set to bring revolutionary changes to e-commerce and has already secured the interest of Bitcoin (BTC) whales.
Binance Coin (BNB) Soars to $530 as Market Volatility Persists
Binance Coin (BNB) has posted strong gains above $300 after spending three days near that level; the price displayed gains of an impressive 58.35% over 30 days, thereby representing a yearly upswing of some 70%. The rally of the coin after its breakout of the resistance level due to bullish momentum with price appreciation.
Before breaking out, Binance Coin (BNB) had been on some significant fluctuations within a close-range trade, which later resolved into a 10.2% gain in valuation. However, with some level of resistance, Binance Coin (BNB) pushed on and rallied at about 13.86% within the next twelve days. The coin, however, later lost in value but was immediately followed by a bullish run that moved the coin past $530.
If that resistance is surpassed, the bullish wave could target the resistance levels at $550 and $575. On the other hand, we can say that the bearish case may also lead to a retest of the support at $498 and $463. The Relative Strength Index (RSI) and other indicators suggest a likelihood of continued bullish activity.
Bitcoin (BTC) Whale Activity Surges as Market Achieves New Milestones
Despite Bitcoin (BTC) rallying to record highs, institutional investors remain confident in the cryptocurrency. Nearly 40 trading sessions post the SEC approval, BlackRock’s IBIT holds 197,943 BTC valued at over $13.5 billion, which is larger than that of MicroStrategy, signifying increased institutional appetite.
The aggressive attitude in Bitcoin (BTC) acquisitions has given gains that even dwarf the same offered by Bitcoin (BTC). The CEO, Michael Saylor, is a faithful soldier for Bitcoin (BTC), repeating the litany of its technical superiority vis-à-vis classical assets like gold and real estate. MicroStrategy plans to raise over $600 million through a debt offering to further bolster its Bitcoin (BTC) reserves.
Pushd (PUSHD): Revolutionizing E-commerce On Blockchain
With every passing day, it becomes clearer that the revolution in the cryptocurrency space never stops. As Binance Coin (BNB) rallies and Bitcoin (BTC) whales multiply, Pushd (PUSHD) remakes e-commerce, giving yet more possibilities for investors to allocate their capital to areas of the market that highlight the disruptive elements of blockchain technology.