$BNB Here's the latest news on Binance Coin (BNB):
*Recent Price Movements*
- BNB reached a new all-time high of $860 early Monday, trading around $840 during the US session.
- However, it later dropped below $750 amid a wider crypto market sell-off, currently holding at that point after a 1% decline in 24 hours.
- BNB's price surged past $760 with increased volume and corporate backing, rising nearly 2% in the last 24 hours to $788.07.
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*Market Analysis*
- BNB's price increase was supported by increased volume and corporate backing, showing buyer interest near the $750 support level.
- Analysts predict potential upward momentum, citing healthy Total Value Locked (TVL) and whale activity ¹.
*Other News*
- Binance introduced a Discount Buy feature, allowing investors to set purchase prices below current market rates.
- Binance Charity will airdrop up to $1.2 million in BNB to users in southern Taiwan affected by recent flooding ¹.