BNB Price Lags Below $700 Level — On-Chain Data Signals Dwindling Buy Pressure

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Bitcoinist 13h ago

BNB Price Lags Below $700 Level — On-Chain Data Signals Dwindling Buy Pressure - Bitcoinist

Quick Summary:

The BNB price has exhibited a relatively strong level of volatility over the past few months — even when the crypto market has sometimes been sluggish.

The altcoin started the year’s second quarter fighting to hold above the important $500 level, but has since regained a good amount of bullish momentum.

However, the altcoin seems to be struggling to breach the $700 level in its attempt to reclaim its all-time high price.