Midday updates: Ethereum (ETH) drops 4.48%, while Binance Coin (BNB) gains 0.64%

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As of 12:34 PM EST, Thursday, 14 November 2024, Ethereum (ETH) has seen a sharp decline of 4.48%, dropping $146.90 to $3,128.68. This pullback brings Ethereum’s market capitalization to $376.76 billion, with a trading volume of $41.816 billion, representing 62.81% of its typical volume. Despite the drop, Ethereum continues to maintain a strong position in the cryptocurrency space.

On the other hand, Binance Coin (BNB) is showing a modest rise of 0.64%, up $4.04 to $633.89. BNB’s market capitalization stands at $91.343 billion, with a trading volume of $3.563 billion, reflecting an active market. The total supply of BNB is 144.099 million, and the coin is currently trading at 155.81% of its usual volume, indicating solid market participation.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. All data mentioned above is sourced directly from the provided inputs and is accurate at the time of writing.

 

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