BNB Token Sees 2.18% Dip Amid Market Volatility, Maintains $95.81B Market Cap and High Volume

BNBUSDT has experienced a 2.18% price decrease over the past 24 hours, with the current price at 680.72, down from a 24-hour open of 695.89. The recent price decline can be attributed to a combination of market consolidation following strong gains earlier in the week and short-term bearish pressure observed after BNB was rejected at resistance levels near 707.54. While Binance’s 8th anniversary promotions and the introduction of real-time token pricing have generated positive sentiment and increased trading activity, broader market volatility and anticipation of key macroeconomic data, such as the upcoming U.S. CPI release, have contributed to cautious trading behavior. BNB remains actively traded, with a 24-hour volume of approximately $2.36 billion and a market capitalization of about $95.81 billion, maintaining its position among the top cryptocurrencies despite recent fluctuations.