Here’s the latest update on Binance Coin (BNB):
Here’s the latest on Binance Coin (BNB) as of today, June 18, 2025:
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📈 Market Snapshot
Price: ~$642–$650 USD (showing a slight dip of ~1% over the past 24 h)
Market Cap: ~$91 billion Trading Volume: ~$1.6 billion in the past day
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📰 Today’s Highlights
1. BNB briefly fell below $650
According to Binance Market Data (June 18 09:32 UTC), BNB dropped below 650 USDT, marking a ~1.24% daily decrease to about 649.93 USDT .
Earlier reports noted BNB dipping under 640 USDT (~‑1.33%) before briefly recovering towards 650 USDT .
2. Wider crypto market pullback
Binance Square’s market update confirms a broader market decline (−1.48%) in top assets including BTC, ETH, BNB, SOL, and others .
Bitcoin, for example, traded within ~$104k–106k, down ~1.4% over the same period .
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🔍 Key Takeaways
Minor retracement, not alarming – BNB remains within its recent ~$640–670 trading range.
Heightened volatility echoes broader market movement; altcoins often shadow Bitcoin’s trend, evidenced by today's dip.
Technical insight: BNB is struggling at the key psychological $650 level; failure to stay above could trigger deeper correction.
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🧭 What to Watch (Short-Term)
1. $640–650 Support Zone
Further decline below $640 may open door to next support around $620–630 region.
2. Macro Crypto Drivers
Watch Bitcoin’s performance, overall risk sentiment, and any Binance-specific updates.
3. Upcoming Crypto Events
Be alert for large Binance-chain token burns, regulatory news, or exchange announcements that might affect BNB’s utility or demand.
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🔧 Strategy Perspective
For current BNB holders: If you're long-term, consider accumulating near the $640 level as it represents a minor dip, not a trend reversal.
For traders: A bounce above $650 with strong volume could mark a short-term bullish bounce; a break below $640 might allow a retest of lower support.
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