$BNB - 773.27 (+1.31%) - The market is falling, but it's smiling
Today +0.76%, 7 days +1.59%, 30 days +3.56%, 90 days +35.99%, 1 year -36.81%?
That can't be right. BNB has always been Binance's golden child. It spent a day trading in the 760–788 range, with volume drying up at 657.7 and 78.46% going long—spot buyers are doing all the heavy lifting.
After the plunge to 759 on the 6th, while everyone else was still at the bottom, BNB had already bounced back to 773, just $3 below its 24-hour high of 776.52.
That's the appeal of exchange tokens: they hold up best when prices fall, and climb steadily when prices rise.
As long as Binance doesn't fall, BNB is the anchor. At this level, it's telling you the market isn't that fearful—the big guy is still here. #bnb
Today +0.76%, 7 days +1.59%, 30 days +3.56%, 90 days +35.99%, 1 year -36.81%?
That can't be right. BNB has always been Binance's golden child. It spent a day trading in the 760–788 range, with volume drying up at 657.7 and 78.46% going long—spot buyers are doing all the heavy lifting.
After the plunge to 759 on the 6th, while everyone else was still at the bottom, BNB had already bounced back to 773, just $3 below its 24-hour high of 776.52.
That's the appeal of exchange tokens: they hold up best when prices fall, and climb steadily when prices rise.
As long as Binance doesn't fall, BNB is the anchor. At this level, it's telling you the market isn't that fearful—the big guy is still here. #bnb