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Binance Coin, Ethereum & Bitcoin — Asian Wrap 21 December

Binance is making headlines every other week in the crypto space, with it the parent company exchange or its American extension. Binance US arm’s CEO, Brian Shroder, stated the exchange still has hundreds of millions in current assets.

Ethereum price rose by 4% following last week’s 10% decline. Ethereum price will be challenging to forecast as the bulls and bears spar over minute price fluctuations. Currently, the technicals lean bearish, but traders should be aware of the alternative scenario.

Bitcoin price shows bearish technicals, but optimism for the end of the year Santa rally persists. Nearly 100 years of stock market data suggest risky assets have a high chance of performing well. Bitcoin price is putting up a fight after experiencing a 10% selloff last week.

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