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Bitcoin Holds Above $111,000 While BNB Extends Gains On US Reforms
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Bitcoin stayed near $111,000 and BNB jumped five percent following US regulatory clarity, with traders eyeing a potential weekend test of $113,000 resistance.
Bitcoin remained steady around $111,050 while Binance Coin surged five percent after US regulators finalized exchange-governance reforms clarifying custody and settlement standards. Analysts said clearer compliance pathways boosted sentiment across major digital-asset platforms. Ethereum held firm near $3,920 as leveraged positions normalized after earlier volatility. Market participants expect Bitcoin to attempt the $113,000 resistance over the weekend, supported by improving risk appetite and falling US yields. Traders warned that macro data and exchange liquidity remain key variables influencing near-term cryptocurrency price action.