BNB Token Surges 2.43% Amid Volatility, Strong Volume, and BinanceTurns8 Celebration Impact
BNBUSDT experienced notable price volatility over the past 24 hours, primarily driven by technical factors and recent market sentiment. The asset faced bearish pressure after being rejected at the $710 resistance level, which led to a retracement toward the $670 range as traders engaged in profit-taking. Despite this, BNB rebounded from intraday lows, supported by ongoing platform activities such as the BinanceTurns8 celebration, which may have contributed to renewed interest and trading activity. The price has since recovered, with the latest Binance data showing BNBUSDT trading at $700.11, reflecting a 2.43% increase from the 24-hour open of $683.48.
Currently, BNB maintains strong trading volume and remains among the top five cryptocurrencies by market capitalization, with a circulating supply of approximately 139.29 million BNB on Binance and a 24-hour trading volume of $2.14 billion. The token’s price fluctuated between $667.30 and $695.24 in the last day, demonstrating active market participation and resilience near key support and resistance levels.