BNB Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
BNB (CRYPTO: BNB) has seen a 4.4% decrease in price over the last 24 hours, continuing a negative trend with a 7.0% loss over the past week. Its trading volume has increased by 36.0%, and the circulating supply has slightly risen by 0.04%, reaching 76.93% of its max supply. BNB's market cap ranks it as the 4th largest, valued at $82.51 billion.
April 16, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BNB's price has decreased by 4.4% in the last 24 hours, with a 7% loss over the week. The trading volume has increased by 36%, and the circulating supply has grown slightly, affecting its market cap ranking.
The decrease in BNB's price, combined with the increase in trading volume and a slight increase in circulating supply, suggests a negative short-term impact on its valuation. The significant market cap ranking indicates its importance in the crypto market.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100