As of May 13, 2025, Binance Coin $BNB
(BNB) has experienced a notable decline, dropping below the $650 mark and currently trading at approximately $651.23. This represents a 3.22% decrease over the past 24 hours. The intraday high reached $690.37, while the low dipped to $642.24.
š Market Overview
Current Price: $651.23
24h Change: -3.22%
24h High: $690.37
24h Low: $642.24
Market Cap: Approximately $113 billion
24h Trading Volume: $2.5 billion
Cointelegraph
š Price Chart
š Factors Influencing the Decline
Market Sentiment: The overall cryptocurrency market has shown signs of bearish sentiment, impacting BNB's performance.
Coinpedia Fintech News
Regulatory Concerns: Ongoing regulatory challenges in key markets have contributed to investor caution.
Decreased Exchange Activity: A reduction in trading volumes on the Binance platform may have affected BNB's liquidity and price stability.
š Outlook
Despite the recent decline, BNB remains a significant asset in the cryptocurrency market. Investors are advised to monitor upcoming developments, including regulatory updates and market trends, to assess potential impacts on BNB's price trajectory.
FXStreet