BNB Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
BNB's price has fallen 3.15% to $209.85 in the past 24 hours, continuing its negative trend over the past week with a 13.0% loss. The trading volume for the coin has increased 90.0% over the past week, while the overall circulating supply of the coin has decreased 0.14%. The current market cap ranking for BNB is #4 at $32.38 billion.
August 21, 2023 | 7:00 pm
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NEGATIVE IMPACT
BNB's price has fallen 3.15% to $209.85 in the past 24 hours, marking a 13.0% loss over the past week. The trading volume has increased 90.0% over the past week, while the circulating supply has decreased 0.14%.
The decrease in BNB's price, coupled with an increase in trading volume and a decrease in circulating supply, indicates a bearish trend. This could potentially lead to further price drops in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100