Binance Coin jumps Tron and Stellar, Bitcoin flatlines

02 Mar, 2019 | Updated: 02 Mar, 2019
by Joeri Cant
Price Action
Binance Coin jumps Tron and Stellar, Bitcoin flatlines

Saturday isn't bringing much movement to the cryptocurrency markets, as most coins show stagnant behavior. Binance Coin, however, has slowly been rolling forward, jumping into the numer 8 spot, leaving Tron and Stellar behind.

Binance Coin is slowly crawling up the top 10 list, with minor gains of 0.55% during the past 24 hours, enabling it to flip both Tron and Stellar and land in the eighth spot.

However, at the time of writing both BNB and XLM market caps are very close at $1.62 billion. It remains to be seen if BNB can hold on to its newly conquered position.

Tron on the other hand has dumped another -4.58% on the day as it slips down to tenth spot. Over the past month Tron was the only coin in the top twenty to register a loss. Tron is currently trading at $0.022 price point.

Stellar isn't living up to its name either today, showing losses of -2.65% in the past 24 hours, according to coinmarketcap.com.

Litecoin might be slowly waking up today as a further 0.05% takes LTC to $48.61. The rest of the altcoins are proofing to be pretty immobile today.

Read more: What does Elon Musk have to say about Bitcoin?

Bitcoin has been flat lining all week, and again touched resistance at $3,900 before pulling back. Bitcoin's movement is back to its support level at $3,860 where it has been floating for the past few days.

Bitcoin is currently trading at $3,859.54, showing a minor pullback of -0.67%.

The top three gainers today are Ravencoin, Digitex Futures, and Basic Attention Token, with impressive gains of 32.22%, 13.29%, and 10.41% respectively.

The biggest loser of the day is ABBC Coin with a loss of -11.52%.

The total marketcap stands at $130,237,305,194, according to coinmarketcap.com.

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