The post Crypto analysts predict increases for BNB and Dogecoin appeared on BitcoinEthereumNews.com.

Following bitcoin’s overnight rally to $35,000 on the latest news of the imminent approval of BlackRock’s spot ETF, Dogecoin (DOGE), Binance Coin (BNB) and the rest of the crypto market also showed bullish strength by breaking through key graphical resistance levels. Analysts are predicting triple-digit percentage gains for BNB and DOGE in the coming year, in line with the cyclical nature of the altcoin market, which peaks every four years. The long-awaited altseason could be coming soon: in the meantime, Bitcoin’s dominance and the overall capitalisation of the crypto sector are giving traders encouraging signals. Is it time to position yourself for the next bull run? Find out in this article. The performance of Binance Coin (BNB) and Dogecoin (DOGE) after the latest surge in the crypto market Bitcoin surged to $35,000 overnight, shortly after BlackRock’s iShares ETF with the ticker ‘ibtc’ was added to the DTCC, while also fuelling the rise of other cryptos such as Binance Coin (BNB) and Dogecoin (DOGE). Crypto analysts are predicting that the two coins will make their holders happy in the coming year, when the entire market is likely to explode. Cryptocurrency exchange Binance, despite coming under regulatory pressure from various governments around the world, manages to maintain its dominance in the digital currency exchange market by collecting more than 50% of all spot volume on centralised platforms. From mid-April to September, BNB Coin, Binance’s in-house currency, was punished in the market due to regulatory uncertainties, only regaining ground in the last week. At this point, however, and in light of the cryptocurrency’s 25th quarterly burn, in which 2.14 million tokens were burned for a total of more than $470 million, BNB is poised to reassert itself as one of the market’s key players. The next price targets for the crypto are $250,…

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Filed under: News - @ October 24, 2023 3:18 pm