- Binance Coin (BNB) is once again in the bullish move.
- BNB/USD hits a new all-time high of $32.43 USD on 21st May 2019.
- Market Capitalization of Binance Coin surpassed $4 billion.
Binance Coin (BNB) is the 7th largest cryptocurrency by market capitalization. The current bull run takes the BNB/USD price to hit a new all-time high of $32.43 USD. Not only this the market capitalization of BNB has also surpassed $4 billion and the market cap of BNB while writing this post is $4,504,315,239 USD.
BNB/USD is currently trading at $31.91 USD with a surge of about 11.93% from the previous 24 hours. Binance Coin is gained about 36.0% in 7 days, 49.7% in 14 days and 117.3% in 1 year. The 24-hour trading volume for BNB is $710,263,871 USD as per CoinMarketCap.
Almost 19.43% of the Binance Coin (BNB) is trading in BNB/BTC trading pair on Binance and 18.97% in BNB/USDT trading pair.
The strong bull run of BNB is still not clear but this might be the announcement of Binance about margin trading.
As you all know Binance recently got hacked due to a security breach which resulted in the loss of about $40 million. Almost 7000 bitcoins were stolen by hackers which were worth $40 million at that time.
Binance users were unable to deposit and withdraw their funds for about a week as the exchange was updating their security.