Binance Coin (BNB-USD) Cryptocurrency Drops By 44% In The Last 14 Days

Binance Coin (BNB-USD) Cryptocurrency is currently on bearish momentum by 44.97% in the last 14 days. At 17:40 EST on Wednesday, 26 May, Binance Coin (BNB-USD) is at $370.12.

Binance Coin (BNB-USD) Range

Concerning Binance Coin’s daily highs and lows, it’s 70.3% up from its trailing 14 days low of $217.34 and 43.02% down from its trailing 14 days high of $649.54.

Social Status

Currently, Binance Coin (BNB-USD) has 3998155 Twitter followers and 434074 Reddit subscribers.

As of now, on Github, there are 2014 forks, 3393 stars, and 495 subscribers.

Volatility

Binance Coin’s last week, last month’s, and last quarter’s current volatility was a negative 6.34%, a negative 0.61%, and a positive 5.15%, respectively.


Binance Coin’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 8.82% (last week), 4.90% (last month), and 5.15% (last quarter), respectively.

News about Bitcoin

Asia shares wary on U.S. inflation, Bitcoin struggles to steady. According to FX Empire on Monday, 24 May, “The crowded trade in Bitcoin left it vulnerable to a selloff as investors rushed to the exits en masse, seeing it down 50% from its all-time high. “

Bitcoin sees green as pendulum shifts to FOMO. According to FX Empire on Monday, 24 May, “The Bitcoin Fear and Greed Index currently hovers at 10, which illustrates that sentiment has shifted from a reading of “greed” earlier this month to “extreme fear” as investors fled for the exits. “

Bitcoin slips below $38,000 as it struggles to retrace losses despite efforts from musk and saylor to buoy confidence. According to Business Insider on Tuesday, 25 May, “Following Musk’s announcement, MicroStrategy founder and CEO Michael Saylor also tweeted that he had formed a Bitcoin Mining Council with industry leaders “to promote energy usage transparency & accelerate sustainability initiatives worldwide.”

Bitcoin heads toward $40,000 as cryptos bounce back from selloff. According to Bloomberg Quint on Wednesday, 26 May, “While die-hard cryptocurrency adherents believe the bull market in Bitcoin has just paused, other commentators are more circumspect.”

Elon Musk met with Bitcoin miners to discuss making the cryptocurrency more environmentally friendly. According to Business Insider on Monday, 24 May, “Bitcoin mining consumes over 113 terawatt hours per year, slightly more than the country of the Netherlands at 110 terawatt hours, according to a real-time estimate from the University of Cambridge’s Bitcoin Electricity Consumption Index.”, “The miners have agreed to form the Bitcoin Mining Council to promote energy usage transparency & accelerate sustainability initiatives worldwide,” Saylor said in a tweet.”

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