Share this article
Binance Coin Hits Record High Against Bitcoin
Binance coin, the token launched by the world's largest cryptocurrency exchange, has hit an all-time high against bitcoin.
Updated Sep 13, 2021, 8:01 a.m. Published Jun 6, 2018, 2:15 p.m. 1 min read
Binance coin
, the token launched by the world's largest cryptocurrency exchange Binance, has hit an all-time high against bitcoin.
BNB achieved the new milestone of 0.002287 BTC at 10:45 UTC Wednesday, and was last seen changing hands at 0.0022 BTC on Binance, up 8 percent since yesterday.
The sharp rally pushed BNB's market capitalization to a five-month high above $1.9 billion, making it the 17th largest cryptocurrency by market capitalization.
Further, the rally is backed by a 155 percent rise in trading volume over the last 48 hours, so the stellar gains look sustainable.
Meanwhile, the binance coin-U.S. dollar (BNB/USD) exchange rate hit a 5.5-month high of $17.60 on Binance and was trading at $16.74 at press time – up 15 percent in the last 24 hours.
A detailed look at the individual markets reveals that the BNB/BTC and binance coin-tether (BNB/USDT) pairs account for more than 85 percent of the total BNB trading volume ($0.148 billion) seen in the last 24 hours.
Balloon image via Shutterstock
Більше для вас
"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon.
Що варто знати:
- Down sharply earlier Saturday, bitcoin moved to gains on the day after President Trump announced a peace agreement with Iran and other Middle Eastern countries.
- As part of the deal, Trump said, the Strait of Hormuz will be reopened.
Top Stories
