BNB Holds Top Five Spot After 9% Weekly Surge Despite 3.89% Price Pullback

Binance Coin (BNB) is currently trading at $651.44, with a 24-hour trading volume near $1.9–$2.0 billion and a 24-hour price decline of approximately 3.89%. The price retracement follows a recent upward trend, with BNB gaining over 9% in the past week and maintaining a strong position among the top five cryptocurrencies by market capitalization. The latest 24-hour decline appears to be a short-term correction after recent gains, with no major negative news directly impacting BNB. Market sentiment remains positive, supported by the recent dismissal of the SEC lawsuit against Binance and ongoing interest in BNB’s utility within the Binance ecosystem, while technical resistance near $700 continues to influence price movements.