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BNB

BNBUSD
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588.200

-0.900-0.15%
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.15%

5 Days

+2.74%

1 Month

+2.98%

6 Months

-22.85%

Year to Date

-31.89%

1 Year

-21.49%

View Detailed Chart
TradingKey Chart

Key Data Points

Opening Price

588.200

Previous Closing Price

589.100
Price Range of the Day
586.800591.100
52-Week Price Range
535.3001371.300

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(3)
Neutral(2)
Buy(6)
Indicators
Sell(1)
Neutral(2)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
5.192
Buy
RSI(14)
57.161
Neutral
STOCH(KDJ)(9,3,3)
81.166
Neutral
ATR(14)
12.229
High Vlolatility
CCI(14)
111.699
Buy
Williams %R
13.750
Overbought
TRIX(12,20)
0.071
Sell
StochRSI(14)
94.836
Overbought
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
584.760
Buy
MA10
579.250
Buy
MA20
573.690
Buy
MA50
572.716
Buy
MA100
604.553
Sell
MA200
636.471
Sell

BNB News

BNB (BNBUSD) Is down 1.02% on Aug 3: Why It Happened

• BNB price declined due to tighter global liquidity and elevated U.S. Treasury yields. • Decreased launchpad activity and network demand contributed to reduced capital inflows for BNB. • Long liquidations in the derivatives market amplified recent intraday price volatility.

TradingKeyMon, Aug 3
• BNB price declined due to tighter global liquidity and elevated U.S. Treasury yields.
• Decreased launchpad activity and network demand contributed to reduced capital inflows for BNB.
• Long liquidations in the derivatives market amplified recent intraday price volatility.

BNB (BNBUSD) Fluctuated Significantly on Aug 2: Key Variables Behind the Move

• BNB rose due to improved global liquidity and stable Federal Reserve monetary policy. • Ecosystem utility and deflationary burn programs are reducing available circulating supply. • Recent price appreciation was accelerated by short-squeezes in the perpetual swap markets.

TradingKeySun, Aug 2
• BNB rose due to improved global liquidity and stable Federal Reserve monetary policy.
• Ecosystem utility and deflationary burn programs are reducing available circulating supply.
• Recent price appreciation was accelerated by short-squeezes in the perpetual swap markets.

BNB (BNBUSD) Fluctuated Significantly on Aug 1: Key Variables Behind the Move

• BNB price declined due to macroeconomic liquidity pressure and institutional risk rebalancing. • Ongoing regulatory scrutiny of centralized exchanges limits institutional adoption and investor sentiment. • Decentralized finance activity on BNB Chain remains stagnant, reducing demand for the token.

TradingKeySat, Aug 1
• BNB price declined due to macroeconomic liquidity pressure and institutional risk rebalancing.
• Ongoing regulatory scrutiny of centralized exchanges limits institutional adoption and investor sentiment.
• Decentralized finance activity on BNB Chain remains stagnant, reducing demand for the token.

US Treasury Secretary Pressures Senate to Vote on Clarity Act as Bitcoin Surges Toward $65,000 Mark Again

Treasury Secretary Scott Bessent urged the Senate to vote on the CLARITY Act as soon as possible, fueling a rally in the cryptocurrency market.

TradingKeyFri, Jul 31
Treasury Secretary Scott Bessent urged the Senate to vote on the CLARITY Act as soon as possible, fueling a rally in the cryptocurrency market.

BNB (BNBUSD) Volatility Intensified on Jul 30: What You Should Know

• BNB demand reflects increased ecosystem activity and decentralized finance protocol participation. • Institutional interest rose following Binance’s shift toward regulatory compliance and operational transparency. • On-chain metrics show rising transaction volumes and integration of institutional tokenization projects.

TradingKeyThu, Jul 30
• BNB demand reflects increased ecosystem activity and decentralized finance protocol participation.
• Institutional interest rose following Binance’s shift toward regulatory compliance and operational transparency.
• On-chain metrics show rising transaction volumes and integration of institutional tokenization projects.

Cryptocurrencies Slump as Senate Delays CLARITY Act; Bitcoin Drops Below $65,000

The CLARITY Act, coupled with rising pressure for Federal Reserve rate hikes, triggered a collective plunge in cryptocurrencies.

TradingKeyTue, Jul 28
The CLARITY Act, coupled with rising pressure for Federal Reserve rate hikes, triggered a collective plunge in cryptocurrencies.

More Details of BNB

Launched in July 2017, Binance is the world's largest cryptocurrency exchange by daily trading volume. It aims to position cryptocurrency exchanges at the forefront of global financial activity. The name "Binance" is derived from "Binary Finance," reflecting this new paradigm in global finance. Beyond its exchange services, Binance has developed a comprehensive ecosystem for its users. This includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and various research projects, all leveraging blockchain technology to advance modern finance. Binance Coin (BNB) plays a crucial role in the successful operation of many of these sub-projects.

What makes BNB unique?

BNB is unique because it is part of a broader Binance ecosystem that includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and various research projects. BNB powers many of these Binance sub-projects, making it an integral part of the Binance network. Binance's drive for continuous development and its status as the leading crypto exchange in multiple countries give it a significant competitive advantage. Measures like the BEP-95 upgrade, which made BNB more deflationary by burning a portion of the fees on Binance Smart Chain, have also contributed to BNB's uniqueness.

Who launched BNB?

BNB was launched in July 2017 by Binance, the largest cryptocurrency exchange globally based on daily trading volume. The founders of Binance are Changpeng Zhao, who serves as the CEO.

Why is BNB burned?

BNB has an auto-burn mechanism, where Binance periodically burns a portion of the total BNB supply to create a deflationary effect and sustain the value of the digital asset. This is similar to Ethereum's famous EIP-1559 proposal, which also introduced a fee-burning mechanism. The BNB auto-burn is part of Binance's efforts to maintain the scarcity and value of the BNB token. By permanently removing BNB from circulation, the overall supply is reduced, which can potentially lead to price appreciation. This deflationary mechanism is designed to benefit BNB holders in the long run.

BNB

588.200
-0.900-0.15%
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