Crypto Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. Founded in July 2017, Binance has grown to become the world’s largest cryptocurrency exchange by daily trading volume. The platform seeks to place crypto exchanges at the center of global financial activity. Its name—derived from “Binary” and “Finance”—reflects its mission to drive the next phase of digital finance. BNB has a market capitalization of ~USD 88.85 billion (as per TradingView as of March 19, 2026).

For the week ending March 13, 2026, the S&P Cryptocurrency Broad Digital Market (BDM) Index advanced by 174.00 points, or 4.66%, to close at 3,908.85, supported by broad-based buying interest across the digital asset space. The index began the week on a firm footing and gradually extended its gains, reflecting an improvement in overall market sentiment. At the start of the new trading week on March 16, early signs of continued recovery were observed, underpinned by modest bullish momentum. However, the rebound appeared to lack conviction, suggesting that the upward move remains fragile. Despite the recent gains, broader market conditions continue to reflect underlying weakness, which is weighing on sentiment and limiting confidence in a sustained near-term recovery.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one crypto that seems ‘Bearish’ at the current level appears to be Binance Coin (BNB) Perpetual Futures based on the below technical parameters: -

Past performance is not a reliable indicator of future performance.