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February 26, 2025 | 1:01 PM EST
As of 6:01 PM UTC, Binance Coin (BNB) is trading at $609.63, reflecting a 0.65% decrease from its previous close of $622.93. The cryptocurrency’s daily trading range has spanned from $609.51 to $630.75. Over the past year, BNB’s price has fluctuated between $363.22 and $793.35, indicating significant volatility.
The current market capitalization of BNB stands at approximately $86.858 billion, with a circulating supply of 142.48 million tokens. In the last 24 hours, the trading volume has reached $1.81 billion, suggesting sustained investor interest despite recent price movements.
The recent decline in BNB’s price aligns with a broader downturn in the cryptocurrency market. Analysts attribute this trend to diminishing enthusiasm following the “Trump bump” and a lack of anticipated regulatory support from the new administration, leading to investor disappointment.
Despite the current bearish trend, some market analysts remain optimistic about BNB’s long-term potential. Projections suggest that BNB could reach a price peak between $1,023.81 and $1,453.61 by the end of 2025, contingent upon favorable market conditions and increased adoption.
Disclaimer: Cryptocurrency investments are inherently risky and highly volatile. This information is provided for informational purposes only and does not constitute financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.