Binance Coin (BNB-USD) Cryptocurrency Is 30% Down In The Last 7 Days

Binance Coin (BNB-USD) Cryptocurrency is currently on bearish momentum by 30.86% in the last 7 days. At 09:47 EST on Thursday, 20 May, Binance Coin (BNB-USD) is at $416.50.

Binance Coin (BNB-USD) Range

Concerning Binance Coin’s daily highs and lows, it’s 32.06% up from its trailing 7 days low of $315.39 and 31.84% down from its trailing 7 days high of $611.06.

Social Status

Currently, Binance Coin (BNB-USD) has 3855857 Twitter followers and 405331 Reddit subscribers.

As of now, on Github, there are 2012 forks, 3377 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.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Binance Coin’s crypto is considered to be overbought (>=80).

Other News About Binance Coin (BNB-USD)

According to FX Empire on Monday, 17 May, “Bitcoin Cash SV rallied by 9.72% to lead the way, with Binance Coin (+0.13%) and Cardano’s ADA (+5.87%) also bucking the trend.”, “Chainlink and Litecoin tumbled by 22.17% and by 23.74% respectively to lead the way down, with, with Binance Coin sliding by 14.86%.”

According to Bloomberg Quint on Wednesday, 19 May, “Ether, Dogecoin and Binance Coin all remained down by at least 20% in afternoon trading. “

News about Bitcoin

Elon Musk keeps trolling the Bitcoin purists. According to Bloomberg Quint on Monday, 17 May, “Musk’s trolling keeps undermining the insistence of true Bitcoin believers that their favorite token is bigger than any individual, and that the recent price boom is based on solid fundamentals. “, “The original cryptocurrency’s recent 20% drop over five days began with a Musk tweet announcing Tesla was suspending Bitcoin payments because of inefficient, environmentally unfriendly mining algorithms that suck up large quantities of energy. “

Cathie wood buys more Tesla amid musk Bitcoin spat, burry shorts. According to Bloomberg Quint on Wednesday, 19 May, “Read more: Musk Splits From Cathie Wood’s Ark on Bitcoin Environmental CostSome of that retreat is likely down to Musk, who fueled a slump in the largest cryptocurrency after hitting out at the token’s high energy demands and reversing a decision to accept it as a form of payment.”, “With Ark a big proponent of Bitcoin and a believer in its green credentials, it’s all adding to recent drama in the world of speculative tech. “

Bitcoin erases all gains since Elon Musk’s initial big embrace. According to Bloomberg Quint on Wednesday, 19 May, “Fueling the volatility is Tesla CEO Musk himself, who surprised crypto advocates last week with an announcement that the company would no longer accept Bitcoin as payment. “, “The mood music grew darker over the weekend, with Bitcoin dropping about 15% as Musk doubled-down on his criticism of the cryptocurrency’s environmental load.”

Bitcoin dips to lowest since February amid China crypto warning. According to Bloomberg Quint on Tuesday, 18 May, “When you combine this with the news out of China, it’s not a surprise that Bitcoin is seeing some more weakness.”, “The EV-maker’s retraction that it will accept Bitcoin as payment “was the catalyst that accelerated the spread consolidation. “

More news about Binance Coin (BNB-USD).