BNB Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
BNB's price has decreased by 3.28% over the past 24 hours to $557.27, continuing its downward trend over the past week. Trading volume has increased by 33.0% over the past week, while the circulating supply remains unchanged. BNB's market cap is currently ranked #4 at $85.81 billion.
July 03, 2024 | 3:00 pm
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BNB's price has decreased by 3.28% over the past 24 hours to $557.27, continuing its downward trend over the past week. Trading volume has increased by 33.0% over the past week, while the circulating supply remains unchanged. BNB's market cap is currently ranked #4 at $85.81 billion.
The significant price drop of 3.28% in the past 24 hours, coupled with a continued weekly decline, indicates a bearish trend for BNB. The increase in trading volume suggests heightened market activity, but the unchanged circulating supply indicates no new coins are entering the market. The overall market cap ranking remains strong at #4, but the short-term price direction is likely to be negative.
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IMPORTANCE 80
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