$BNB

In the last 24 hours, the price of BNB has significantly increased, going from $678 to over $690, which is a 0.99% rise. The price is now similar to what it was in early January, due to increased buying interest. Also, BNB’s trading volume has gone up by 5.05% in the past 24 hours, reaching $2.08 billion.

Looking at the bigger picture, BNB’s price has been steady for the last few weeks. However, with strong buying interest and more active trading, the price of Binance Coin is smoothly progressing towards its December high of $793. As a result, its market value has increased by 0.9% to $98.2 billion.

BNB’s Open Interest Touches $1 Billion

BNB’s price has been climbing over the past few hours. Analysts think it might rise even more because Donald Trump has signed several executive orders that are good for the cryptocurrency market.

Over the last 24 hours, a lot of people have been buying and selling BNB. According to Coinglass, around $320,000 worth of BNB trades were settled, with $278,000 of that from buyers who decided to close their long positions.