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Cryptocurrencies Price Prediction: CoinDesk, Bitcoin & BNB – American Wrap 01 November

CoinDesk twenty performance update: UNI gains 5% as index rises from Thursday

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Bitcoin (BTC) rose over 2% this week until Friday, in a stellar first half of the week in which BTC was within a touching distance of a fresh all-time high followed by a significant price drop amid increasing signs of profit-taking. 
Binance Coin (BNB) is trading slightly above $578 on Friday after being rejected at a crucial level and closing below the ascending trendline. This breakdown indicates a shift in market structure from bullish to bearish. Technical indicators also support this bearish outlook, showing a bearish crossover that suggests a possible downtrend.
 

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