Bitcoin (BTC) and Binance Coin (BNB) are two of the most well-known cryptocurrencies in the cryptocurrency market. Here is an overview of how they are performing today:
*Bitcoin (BTC)*
- Current price: $104,975.46
- Daily change: -2.51%
- Opening price: $107,674.36
- Highest price: $108,952.38
- Lowest price: $104,800.00
- Market capitalization: $2.10 trillion
*Binance Coin (BNB)*
- Current price: $651.42
- Daily change: -0.97%
- Opening price: $657.80
- Highest price: $659.28
- Lowest price: $647.30
- Market capitalization: $91.49 billion
Binance Coin is a crucial part of the Binance ecosystem, and its value is directly tied to the performance of the exchange and the adoption of cryptocurrencies. Binance uses a portion of its profits to "burn" BNB coins, which helps maintain scarcity and potentially increase the value of the coin.