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Benzinga
Benzinga
Business
Melanie Schaffer

What To Watch On Binance Coin, Ethereum Classic, Shiba Inu As Jackson Hole Symposium Approaches

Binance Coin (CRYPTO: BNB) was trading more than 3.75% higher at one point during Thursday’s 24-hour trading session, in tandem with Bitcoin (CRYPTO: BTC), which temporarily jumped 2% alongside a slight increase on the S&P 500.

Ethereum Classic (CRYPTO: ETC) and Shiba Inu (CRYPTO: SHIB) reacted more bullishly to the upward swing across the markets, trading more than 7% and 13% higher, respectively, on higher-than-average volume. The three cryptos have had multiple days of decreasing volume, which is often followed by an influx in volume to indicate a consolidation period is coming to an end.

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