Ascend

Bitcoin

Avalanche

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/altcoins-ascend-as-bitcoin-struggles-to-breach-70k-barrier" rel="noopener noreferrer nofollow">Altcoins Ascend as Bitcoin Struggles to Breach $70K Barrier</a><br></p>
<p style="text-align: justify">Despite <a href="https://en.bitcoinhaber.net/bitcoins-upcoming-halving-a-potential-surge-to-120000" rel="noopener noreferrer nofollow">Bitcoin</a>‘s struggle to reclaim the $70,000 mark, hovering around $69,900, prominent altcoins have demonstrated resilience and are experiencing an upsurge. Binance Coin (<a href="https://en.bitcoinhaber.net/analyst-mags-sets-new-price-target-for-binance-coin-as-crypto-market-surges" rel="noopener noreferrer nofollow">BNB</a>) and Avalanche (AVAX) are among the significant alternative cryptocurrencies that have recently made gains, defying the slow momentum of Bitcoin.</p>
<h2 id="bnb-coin-s-bullish-performance">BNB Coin’s Bullish Performance</h2>
<p style="text-align: justify">Backed by Binance, the world’s leading exchange by volume, BNB Coin has surged past the $600 level, not once retracing to its 2017 peak prices. After overcoming speculation of a decline below $100 following the SEC’s legal actions against Binance last year, BNB Coin now trades near its zenith, having peaked at $645 and inching close to its record high of $691.8. A brief dip to $527 exhibited strong buying interest, signaling a robust bullish presence. At the time of reporting, BNB has slightly receded to $618 after a recent breakout above $633, with potential to regain momentum towards its all-time high. Should BNB falter and drop below the $527 threshold, a downward trend to $485 might ensue.</p>
<h2 id="avax-s-bullish-breakout">AVAX’s Bullish Breakout</h2>
<p style="text-align: justify">In parallel, AVAX welcomed Asian market participants with a $58.2 price tag, initiating a belated but anticipated climb, bolstered by a strong stance at the $50 breakout level. With Bitcoin’s fluctuations not deterring AVAX bulls, steadfast efforts continue to propel the digital asset past critical resistance points. Assuming AVAX can hold above $59, prospects for reaching $87 and potentially $100 remain on the horizon. Conversely, should it falter below $50, the price could regress to the $40 range.</p>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/celestia-altcoins-market-surge-reaches-new-heights" rel="noopener noreferrer nofollow">Altcoin</a> investors are closely monitoring these developments as they could signal broader market trends. The resilience of altcoins like BNB and AVAX against Bitcoin’s sluggish price action suggests a diversifying market with independent dynamics.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/altcoins-ascend-as-bitcoin-struggles-to-breach-70k-barrier" rel="noopener noreferrer nofollow">Altcoins Ascend as Bitcoin Struggles to Breach $70K Barrier</a></h5>

Altcoins Ascend as Bitcoin Struggles to Breach $70K Barrier

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