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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/fluctuations-continue-in-cryptocurrency-markets-as-bnb-coin-aims-for-gains/" data-wpel-link="internal">Fluctuations Continue in Cryptocurrency Markets as BNB Coin Aims for Gains</a><br></p>
<p style="text-align: justify">The fluctuation in cryptocurrencies continues, and as <a href="https://coin-turk.com/unlu-yatirim-firmasi-bitcoini-btc-500-000-dolara-tasiyacak-gelismeyi-acikladi" data-wpel-link="internal">Bitcoin</a> trades within a narrow range, most <a href="https://coin-turk.com/xrp-yatirimcilarini-ilgilendiren-sec-baskaninin-konusma-metni-ortaya-cikti" data-wpel-link="internal">altcoins</a> are unable to overcome their resistances. The ups and downs in <a href="https://coin-turk.com/bitcoin-neden-dusuyor-neden-eth-btcden-daha-iyi-performans-gosteriyor" data-wpel-link="internal">BTC</a> prices offer short-term investors attractive buy/sell opportunities. However, most altcoins have not yet started the anticipated major upward movements. Of course, there are some exceptions. For instance, <a href="https://en.coin-turk.com/bnb-coin-sees-buying-surge-as-bitcoin-breaks-52000/" data-wpel-link="internal">BNB</a> Coin continues the day with a 6% gain at $620.</p> 
<h2 style="text-align: justify" id="bnb-coin-commentary">BNB Coin Commentary</h2> 
<p style="text-align: justify">For days, we’ve been discussing that the <strong>BNB Coin</strong> price could attempt a new trial at $645. The price has now once again surpassed $615 and must convert $645 into support to reach the ATH level. Despite the general market sentiment affecting the <strong>BNB Coin</strong> price negatively, it has managed to stand out for a while due to its massive market value.</p> 
<p style="text-align: justify">The trigger for market fluctuations has been ETF inflows and outflows. ETFs, which have seen strong inflows since January, caused panic with a record outflow of nearly $900 million in a single day. However, this did not last long. There has been a significant decrease in outflows from the <strong>GBTC</strong> fund, with $104 million exiting on March 28th.</p> 
<p style="text-align: justify">BNB Coin’s price increased by 61% in March, but after reaching the $645 peak, it fell and is now targeting this area again. Although it is only a stone’s throw away from the ATH level, the total locked value in the network at the time of the 2021 peak was about twice the current, around $15 billion, reflecting the excessive demand.</p> 
<h2 style="text-align: justify" id="what-will-bnb-coin-s-value-be">What Will BNB Coin’s Value Be?</h2> 
<p style="text-align: justify">In futures trading, long positions are still dominant but at a 0.6% level, and they need to climb to 1.2% to reflect an excessive bullish sentiment. So, while there is potential support for a massive rally on the futures side, the price is not currently supported.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-335144 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/BNBUSDT_2024-03-30_01-26-29.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">As the article is being prepared, the price has not managed to sustain above $620. If it can achieve this, it can focus on the targets of $645 and $669. After that, <strong>BNB Coin</strong> bulls will need to set their sights on the $700 threshold peak. Ultimately, if <a href="https://en.coin-turk.com/bitcoin-mining-revenues-hit-record-highs/" data-wpel-link="internal">BTC</a> can climb to its all-time highs, BNB Coin, having largely resolved its legal issues, can do the same.</p> 
<p style="text-align: justify">BNB Coin, expected to see four-digit prices in the bull market, could drop to levels of $560 and $495 if it fails in its current attempt.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/fluctuations-continue-in-cryptocurrency-markets-as-bnb-coin-aims-for-gains/" data-wpel-link="internal">Fluctuations Continue in Cryptocurrency Markets as BNB Coin Aims for Gains</a></h5>

Fluctuations Continue in Cryptocurrency Markets as BNB Coin Aims for Gains

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