Cryptocurrencies are experiencing a challenging week, with Bitcoin (BTC) 
$97,157 dropping significantly after exceeding $108,000. The comments from the Federal Reserve and recent data dampening optimism for 2025 have accelerated selling. Additionally, discussions around the U.S. debt ceiling are intensifying, reigniting concerns over a potential government shutdown. Amidst this turmoil, Binance made an important listing announcement.
New Altcoin Listings Announcement
Binance has announced that it will open futures trading pairs for four cryptocurrencies. Recently, Binance can initiate futures trading for cryptocurrencies gaining volume, even without spot listings. The announcement specifically pertains to the following four cryptocurrencies:
- AIXBT (increased from $0.23 to $0.26)
- FARTCOIN (over 20% increase)
- KMNO (11% increase)
- CGPT (22% increase)
The listings will occur every 15 minutes in the coming hours, allowing for leveraged trades up to 75 times.
Since these altcoins are relatively unknown, they may exhibit high volatility due to low volume. With BTC surpassing $97,400, even cautiously, traders are hopeful for a recovery. We might witness speculative attempts to rebound from the losses experienced in these altcoins.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
