Bancor (BNT) hits 2-month high amid spike in whale activity
Bancor (BNT) price rose more than 70% to $0.69, the coin’s highest level in two months. BNT price surged as whale activity and network growth drove buyside pressure. Geopolitical events in the Middle East have dampened markets, but analysts say Bancor could surge to new multi-month highs. Bancor recorded a significant bump in price over the weekend, rising to a two -month high of $0.69 as BNT buyside pressure saw it outpace Bitcoin and top altcoins. The coin’s upside of 71% for the 24 hours to Monday morning came even as the fresh geopolitical events appeared to dent sentiment battered by inflation and interest rates concerns. Bancor price surges as markets weigh Israel-Hamas conflict Ahead of markets opening on Monday, US stocks were down and Bitcoin, Ethereum and most altcoins were trading lower. Investor jitters come as analysts point to the potential impact of a full-scale war in the Middle East following Israel’s retaliation to...