Binance’s pricing glitch and a new chapter in Trump’s trade war turned a market sell-off into the largest crypto liquidation on record.
The XRP price recovery came after the most severe market crash, suggesting aggressive buying on the dips in anticipation of further price gains.
BNB reached a record high of $1,370, despite Binance facing criticism and market chaos after $19 billion in crypto liquidations wiped out traders over the weekend.
Zcash price technicals hint at a potential 25% breakout toward $336 in October, despite long-term correction fears and an already significant rally for ZEC.
Ethereum layer-2 tokens outperformed the market, with Mantle surging 31%, driven by Bybit integration and increasing adoption across scaling solutions.
Friday’s massive crypto market crash sent Bitcoin fund trading volumes to record highs, but crypto ETPs held firm amid the turmoil.
Ether, BNB and Solana led as the crypto market powered back up after Friday’s flash crash, with crypto treasury firm BitMine capitalizing on the dip.
ETH price sharply recovered as market fears eased and derivatives stabilized, suggesting that a return to $4,500 could be Ether’s next stop.
The tokens did not actually crash to $0, but users saw tokens drop to nearly $0 due to a 'display' issue, the Binance exchange said.
Tensions between the two countries appear to have cooled off on Sunday, as representatives from both sides signal a willingness to negotiate.