Binance's BNB Decreases More Than 10% Within 24 hours

Binance Coin's BNB/USD price has decreased 10.21% over the past 24 hours to $373.67, continuing its downward trend over the past week of -6.0%, moving from $396.97 to its current price.

The chart below compares the price movement and volatility for Binance Coin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

price_chart

The trading volume for the coin has fallen 3.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.69%. This brings the circulating supply to 154.53 million, which makes up an estimated 90.62% of its max supply of 170.53 million. According to our data, the current market cap ranking for BNB is #5 at 57.77 billion.

supply_and_vol

Where Can You Buy Binance Coin?

If you are interested in purchasing Binance Coin or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.

Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.

Powered by CoinGecko API

This post contains affiliate links from which Benzinga may earn a commission.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CryptocurrencyMarketsMoversTrading IdeasBZI-CML
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!