Binance Buy-Sell Ratio Signals Strong Bitcoin Accumulation as BTC Breaks $95K

Bitcoin’s remarkable surge past $95,000 has ignited bullish sentiment across crypto markets, with Binance’s lopsided buy-sell ratio and declining exchange deposits suggesting sustained upward momentum. This analysis explores the key drivers behind BTC’s breakout and whether the rally has staying power.

Bitcoin Surges Past $95,000: Is the Next Milestone Within Reach?

Bitcoin has breached the $95,000 mark, fueling speculation about its potential to climb even higher. market confidence appears robust, with on-chain data revealing a 60% drop in unique wallets sending BTC to exchanges—a sign of diminished selling pressure.

Binance’s buy-sell ratio skews heavily toward accumulation, underscoring growing demand. Technical indicators like the Elder-Ray Index suggest bullish momentum could propel BTC toward $100,000. Yet volatility lingers as traders engage in profit-taking, reminding investors that strategic positioning remains critical.

The cryptocurrency continues to dominate financial discourse, its narrative evolving with each price discovery phase.

BNB Price Consolidates Near Key Resistance as Network Activity Surges

Binance Coin (BNB) hovered near $600 on Friday, testing April’s peak of $620 amid growing network fundamentals. The blockchain processed over 31 million transactions this week—outpacing Ethereum, Arbitrum, and Polygon combined—while active addresses jumped 13% to 5.2 million.

Staking yields and revenue generation ($3M+) add fuel to bullish momentum. Market watchers note the convergence of heavy usage and yield incentives could propel BNB past its current consolidation range.