BNB Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
BNB's price has fallen by 4.86% in the past 24 hours to $579.39, continuing a week-long decline of 5.0%. Trading volume has decreased by 37.0% over the past week, while circulating supply has increased by 0.39%. BNB's market cap is currently $89.31 billion, ranking it #4.
June 18, 2024 | 7:03 pm
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NEGATIVE IMPACT
BNB's price has dropped by 4.86% in the past 24 hours to $579.39, continuing a week-long decline of 5.0%. Trading volume has decreased by 37.0% over the past week, while circulating supply has increased by 0.39%.
The significant drop in BNB's price, coupled with a decrease in trading volume and an increase in circulating supply, suggests a bearish trend in the short term. Investors may react negatively to these indicators.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100