News / BNB Breaks $850 as Bitcoin Stalls Below $120K: Market Watch

BNB Breaks $850 as Bitcoin Stalls Below $120K: Market Watch

Published: 28.07.2025

Bitcoin approached $120,000 over the weekend but failed to break through the key resistance level. After dropping to $114,500 late last week—partly due to a large sell-off of 80,000 BTC—the asset rebounded and briefly surged toward $120K again following a major U.S.–EU trade announcement. Despite the recovery, Bitcoin was rejected near that resistance and currently trades around $119,000, with its market cap holding steady at $2.365 trillion. Its dominance over the altcoin market has slipped below 59%.

Meanwhile, BNB continues to lead altcoin momentum, hitting two consecutive all-time highs in the past 24 hours, peaking above $850. Ethereum also climbed, reaching $3,900, while other altcoins such as AVAX and ENA posted strong gains, with ENA jumping over 13%. CRO, ICP, and UNI also performed well.

XRP crossed the $3.25 mark, and assets like Solana, Dogecoin, and HYPE each rose by about 3%. Overall, the total crypto market cap increased by $60 billion since yesterday, pushing above $4 trillion.

Feel free to share our work. Thank you!

Disclaimer: The information and publications do not serve as, and should not be construed as, financial, investment, trading, or any other form of advice or recommendations endorsed or provided by Noirbull. Any expression of opinion (which may change without prior notice) reflects the author's personal viewpoint, and the author does not assert any representations or warranties regarding the accuracy or comprehensiveness of the information or analysis provided. Neither the authors nor Noirbull bear responsibility for any losses arising from investments made based on perceived recommendations, forecasts, or other information presented herein. The content of these publications should not be construed as a direct or implied assurance, guarantee, or indication by Noirbull that customers will profit or that losses associated with them can or will be mitigated if they rely solely on the information provided.