BNB Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
BNB's price has decreased by 3.82% over the past 24 hours to $580.84, continuing a downward trend from $591.63 over the past week. The trading volume for BNB has decreased by 30.0%, while its circulating supply increased by 0.11% to over 153.86 million, making up 76.93% of its max supply. BNB's current market cap ranking is #4 at $89.73 billion.
April 01, 2024 | 3:02 pm
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NEGATIVE IMPACT
BNB's price has decreased by 3.82% over the past 24 hours to $580.84, with a weekly downward trend from $591.63. The trading volume has decreased by 30%, and the circulating supply has increased by 0.11% to over 153.86 million.
The decrease in BNB's price over the past 24 hours and the past week, combined with a significant drop in trading volume, suggests a negative short-term impact on its price. The increase in circulating supply could further pressure the price downward.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100