Binance Coin token plunges by 5% per day

Analysts of the digital asset market reported that today, December 11, 2024, the price of Binance Coin BNB $714.66 BNB -1.04% Market capitalization $104.26 billion VOL. 24 hours $0.45 billion fell below $ 660. According to Binance Market Data, BNB has lost 4.91% of its value over the past 24 hours.

CoinMarketCap informs that at the time of writing, the digital token is trading at $ 680 with a market capitalization of $ 97.96 million. Traders made daily trading deals worth $ 2.7 million, which is almost 21% less than yesterday.

It is worth noting that just a week ago, the digital token Binance-coin-vstanovyv-novyj-ath/">overcame the resistance zone for the first time in six months and set a new historical record. This breakthrough was a turning point for the cryptocurrency, which left an eight-month range of $ 572 to $ 619.

According to analysts, after a successful breakout to a new all-time high, the price of BNB is still aiming to reach a new psychological milestone of $ 1,000. This could pave the way for parabolic growth in the coming months.