BNB Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
BNB's price has decreased by 3.73% over the past 24 hours to $565.61, continuing a downward trend over the past week. Trading volume has risen by 41.0% while the circulating supply has decreased slightly. BNB's market cap is currently ranked #4 at $87.02 billion.
July 25, 2024 | 3:02 pm
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NEGATIVE IMPACT
BNB's price has dropped by 3.73% in the last 24 hours to $565.61, continuing a week-long downward trend. Trading volume has increased by 41.0%, while the circulating supply has slightly decreased. BNB's market cap is currently $87.02 billion, ranking it #4.
The significant drop in BNB's price over the past 24 hours, combined with increased trading volume and a slight decrease in circulating supply, indicates a bearish sentiment. The market cap ranking and overall market conditions further support a negative short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100