BNB Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
In the past 24 hours, BNB's price has fallen by 3.13% to $205.59, continuing its negative trend over the past week with a 4.0% loss. The trading volume for the coin has increased by 30.0% over the past week, while the overall circulating supply has decreased by 0.1% to 153.86 million, which is 76.93% of its max supply of 200.00 million. BNB's current market cap ranking is #4 at $31.45 billion.
September 11, 2023 | 3:01 pm
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BNB's price has fallen by 3.13% in the past 24 hours, continuing its negative trend over the past week. The trading volume has increased by 30.0% over the past week, while the circulating supply has decreased by 0.1%.
The price of BNB has been on a downward trend, which is likely to continue given the increased trading volume and decreased circulating supply. This suggests a higher selling pressure in the market, which is bearish for the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100