$BNB The price of BNB is currently $1,166, with an increase of 2.81% in the last 24 hours. The market capitalization of BNB is approximately $156.50 billion.
*Key news about BNB:*
- *Price stability*: BNB is trading steadily around $1,080, showing little volatility after a $19 billion liquidation last weekend.
- *Analysts' expectations*: Analysts expect the price of BNB to rise to $1,500, with continued institutional demand and favorable market conditions.
- *Support from Binance founders*: Former Binance founder Changpeng Zhao controls about 64% of the total supply of BNB, boosting confidence in the currency.
- *New treasury*: B Strategy, a digital asset investment company founded by former executives at Bitmain, plans to launch a $1 billion crypto treasury focused on investing in BNB ¹ ² ³.
*Market expectations:*
- *Potential rise*: If institutional demand continues and market conditions remain favorable, the price of BNB could reach new levels.
- *Concerns over trade tensions*: Trade tensions between the US and China may affect the price of BNB, with the potential for a significant correction ².