Binance Coin (BNB-USD) Cryptocurrency is currently on bullish momentum by 17.98% in the last 24 hours. At 07:46 EST on Wednesday, 26 May, Binance Coin (BNB-USD) is at $374.52.
Binance Coin (BNB-USD) Range
Concerning Binance Coin’s daily highs and lows, it’s 19.53% up from its trailing 24 hours low of $313.34 and 1.48% down from its trailing 24 hours high of $380.15.
Currently, Binance Coin (BNB-USD) has 3978260 Twitter followers and 431688 Reddit subscribers.
As of now, on Github, there are 2015 forks, 3393 stars, and 496 subscribers.
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
Bitcoin punctuates wild week with a fresh bout of volatility. According to Bloomberg Quint on Sunday, 23 May, “A day earlier, Bitcoin had climbed back above $38,000 following a tweet from Elon Musk in which the Tesla Inc. CEO said he supported crypto in the battle against fiat currencies.”, “China has long expressed displeasure with the anonymity provided by Bitcoin and other crypto tokens. “
Bitcoin bounces back above $37,000 after weekend selloff. According to Bloomberg Quint on Monday, 24 May, “The extreme volatility of late has prompted analysts to try guessing the outlook for digital currencies, with a JPMorgan Chase & Co. team saying it’s premature to call the end of the Bitcoin selloff. “, “Digital currencies have been gripped by volatility in the past two weeks, with Bitcoin prices plunging as much as 18% on Sunday.”
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. “
Bridgewater’s ray dalio says he prefers Bitcoin to bonds. According to Bloomberg Quint on Monday, 24 May, “Ray Dalio, founder of Bridgewater Associates, said he would rather own Bitcoin than a bond.”, “The hedge fund manager has previously called Bitcoin “one hell of an invention” and that he found it challenging to put a value on digital assets since investing in Bitcoin means recognizing the potential to lose about 80%.”
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