BNB Overtakes XRP as Bitcoin Trades Sideways Near $66K

Binance Coin has regained its position as the fourth-largest cryptocurrency by market capitalization, edging past XRP in the latest reshuffle among top digital assets.Meanwhile, Bitcoin is showing unusual stability. Even as traditional markets reopened across Asia and Europe and US futures resumed trading, BTC has been consolidating near $66,000 following a highly volatile weekend.Across the broader altcoin market, price action remains subdued, with modest losses dominating. Ethereum continues to face resistance below the $2,000 threshold.

Bitcoin Stabilizes After Weekend Swings

Bitcoin faced strong resistance at the $70,000 level last Wednesday, triggering a pullback that pushed the asset under $67,000 the following day. Buyers stepped in near that range, allowing BTC to close the week around $68,000.However, heightened geopolitical tensions over the weekend sparked sharp fluctuations. Bitcoin dropped to approximately $63,000 its lowest level in several days before rebounding later as market sentiment shifted. The recovery lifted BTC back toward $68,000, though the momentum proved short-lived.By Sunday, the price had retreated to roughly $65,200. Many traders anticipated further turbulence with the reopening of traditional financial markets on Monday, but Bitcoin has instead moved into a consolidation phase around $66,000.At present, Bitcoin’s market capitalization remains slightly above $1.32 trillion, while its dominance over alternative cryptocurrencies holds above 56%.

BNB Moves Ahead in Market Cap Rankings

XRP experienced heavier selling pressure during the recent volatility, allowing Binance Coin to surpass it in overall valuation. Although the two briefly swapped positions again, BNB currently maintains a slight lead.BNB is trading around $617, giving it a market capitalization near $84 billion. XRP trails closely behind with a valuation of roughly $82.5 billion.Elsewhere among major altcoins:Ethereum has once again fallen below the $2,000 mark.Solana, Dogecoin, Cardano, Bitcoin Cash, HYPE, and Chainlink are posting losses in the 2–3% range.Cosmos and Polkadot are down more than 4% on the day.HTX stands out with a gain exceeding 3%.

Overall, the total cryptocurrency market capitalization has shrunk by roughly $30 billion in the past 24 hours, now sitting near $2.35 trillion.

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