The BNB was swarming strongly between the gains and the losses in a 24 -hour volatile section. The token fell to a hollow of $ 872 earlier before going back to $ 884, then see a clear reversal erase these earnings.
The initial decline brought BNB from around $ 880.50 to a hollow of $ 871.99. From there, the token organized a return, culminating nearly $ 884.60 before selling pressures which brought it back to its current level to $ 873.6.
This rebound came on a wave of commercial activities, with a volume at nearly 60,000 tokens, in particular about $ 876, a level which acted as key support during the session, according to the Technical Analysis of Coindesk Research.
However, things quickly turned for the token, which dropped more than $ 5 in a few minutes on a volume peak that coincided with a larger sale on the market. This drop came after the information that Israel launched an attack on Hamas management in Qatar.
While the wider market of cryptography has dropped, the price of gold has seen a bump that has experienced a future near a new record at $ 3,700 per ounce, while cryptocurrencies with golden back paxg and Xaut have reached peaks before retreating.
Meanwhile, the latest report on the exchanges of Coindesk Data revealed that Binance had seen 2.63 billions of dollars in the long -term negotiation volume last month, a new monthly record. With Bybit and Crypto.com, it was one of the biggest exchanges in volume of trading spot.
BNB can be used to pay for negotiation costs on Binance, allowing users to obtain a 25% negotiation delivery on paid costs. It is also the native token of the BNB channel.
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