“Asian Market Update: Bitcoin, Litecoin, and Binance Coin – February 21”

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“Asian Market Update: Bitcoin, Litecoin, and Binance Coin – February 21”

On Thursday, Bitcoin (BTC) traded above $98,000, maintaining its range-bound trajectory, while traditional assets like Gold and the S&P 500 reached new highs. Meanwhile, asset management firm VanEck suggested that Bitcoin could play a role in alleviating the US national debt.

Litecoin’s price reached $121 on Thursday, experiencing a 5% drop from the 30-day peak of $130 following the US SEC’s approval of Bitwise’s LTC ETF filing on Wednesday. Will buyers manage to reignite a breakout attempt above $150, or will they face a reversal at $120?

The price of BNB surged by 4% in the last 24 hours as bulls strive to keep the Binance native token above the crucial psychological support level of $650. On-chain metrics indicate that BNB remains a hot topic on social media, particularly due to recent viral comments from its founder and former CEO, Changpeng Zhao.

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