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February 24, 2025, 10:30 AM EST – Binance Coin (BNB-USD) is trading at $636.31, reflecting a 2.63% decline (-$17.20) as of 10:30 AM EST. The cryptocurrency opened at $657.91 and has fluctuated between $633.23 and $659.08 in today’s session.
BNB, the native token of the Binance ecosystem, currently holds a market capitalization of $90.66 billion, with a circulating supply of 142.48 million BNB. Over the past 24 hours, $1.67 billion worth of BNB has been traded, showing moderate market activity amid broader crypto market volatility.
BNB’s decline is part of a wider crypto market downturn, with Bitcoin, Ethereum, Solana, XRP, and Dogecoin all experiencing losses. Meanwhile, global financial markets are mixed. In the U.S. pre-market session, stocks such as Nike, American Express, and Oracle are in positive territory, while Apple, Domino’s, and Dell are under pressure.
Additionally, bond yields remain stable, and a strengthening U.S. dollar index has contributed to risk-off sentiment, impacting cryptocurrencies.
BNB has traded within a 52-week range of $363.22 to $793.35, reflecting strong price swings. While recent losses mirror the broader market’s pullback, Binance’s ecosystem growth, regulatory developments, and exchange activity will remain key factors influencing BNB’s long-term price movements.
Disclaimer: Cryptocurrency investments are highly volatile and speculative. Prices can fluctuate widely, and investors should conduct thorough research or consult financial experts before making investment decisions