BNB Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
BNB (CRYPTO: BNB) has seen a price decrease of 3.11% in the last 24 hours, now at $577.62, despite a 9.0% increase over the past week from $528.96. Trading volume fell 66.0%, and circulating supply decreased to 153.86 million, 76.93% of its max. BNB's market cap ranks #4 at $89.10 billion.
March 26, 2024 | 7:00 pm
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NEGATIVE IMPACT
BNB's price decreased by 3.11% to $577.62 in the last 24 hours, despite a weekly up-trend of 9.0%. The trading volume and circulating supply have also seen significant changes.
The short-term price decrease of 3.11% in BNB, despite its recent weekly gains, indicates a potential negative impact on investor sentiment in the short term. The significant drop in trading volume and slight decrease in circulating supply could further contribute to volatility and downward pressure on BNB's price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100