In brief
- Major altcoins like Dogecoin and Solana surged on Friday, with BNB hitting a new all-time high price.
- Their gains came off the back of Bitcoin and Ethereum price jumps, with both at their highest points this month.
- Investors are feeling good about the Fed cutting interest rates next week—which could benefit crypto markets.
Crypto markets jumped Friday afternoon New York time, with BNB hitting a new all-time high and other major altcoins posting sizable gains as Bitcoin and Ethereum reached their highest respective marks so far in September.
BNB—the sixth-biggest digital coin by market cap—touched a new high above $926, where it currently sits, CoinGecko data shows. It’s up 3% over the last day.
BNB, an asset launched by Binance, the world’s biggest crypto exchange, has jumped by nearly 9% over a seven-day period. It’s up 70% over the last year and has repeatedly set all-time high
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Author: Mathew Di Salvo
