BNB Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
BNB's price has decreased by 4.94% in the last 24 hours to $548.02, despite a 7.0% increase over the past week. The trading volume for BNB has fallen by 0.0% over the past week, with the circulating supply decreasing by 0.11% to 153.86 million. BNB's market cap ranking is currently #5 at $84.75 billion.
March 18, 2024 | 3:02 pm
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BNB's price has decreased by 4.94% in the last 24 hours to $548.02, despite a 7.0% increase over the past week. The trading volume for BNB has fallen by 0.0% over the past week, with the circulating supply decreasing by 0.11% to 153.86 million. BNB's market cap ranking is currently #5 at $84.75 billion.
The short-term price direction for BNBUSD is likely to go down due to the recent 4.94% decrease in its price. This negative movement contrasts with its overall positive performance over the past week, indicating potential volatility. The steady trading volume and slight decrease in circulating supply may also contribute to short-term price instability. However, its strong market cap ranking suggests underlying strength.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100