#BNB_Market_Update BNB Holds Steady at 590 USDT Despite Minor Dip
As of May 4, 2025 (21:45 UTC), Binance Coin (BNB) is trading at 590 USDT, showing a slight 1.49% decrease over the past 24 hours, according to Binance market data. Despite the dip, BNB maintaining the 590 mark reflects market stability and ongoing investor interest.
This price comes after a strong April rally where BNB briefly crossed 600 USDT. The recent correction appears mild, likely a pause before the next move. Technical indicators show support near 580 USDT and resistance around 600 USDT, while RSI remains neutral.
BNB’s performance is backed by continued development on the BNB Smart Chain, rising exchange activity, and positive sentiment in the broader crypto market. While short-term fluctuations persist, BNB staying above 590 suggests potential for consolidation or upward momentum ahead.
Disclaimer: Not financial advice. Always do your own research before investing.