Binance Coin drops more than 7% in 24 hours

In the last 24 hours, Binance Coin (CRYPTO: BNB) the price fell 7.76% to $ 586.09. This continues its negative trend over the past week where it suffered a loss of 7.0% from $ 638.84 at its current price.

The chart below compares Binance Coin’s price movement and volatility over the past 24 hours (left) to its price movement over the past week (right). Gray bands are Bollinger bands, measuring the volatility of daily and weekly price movements. The wider the bands, or the wider the gray area at any given time, the greater the volatility.

The coin’s trade volume increased 61.0% over the past week, moving in the opposite direction, with the overall circulating supply of the coin falling 0.62%. This brings the circulating supply to 168.14 million, which is approximately 100.0% of its maximum supply of 168.14 million. According to our data, BNB’s current market capitalization rank is No. 3 at 99.00 billion.


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