The market of cryptocurrencies remains bullish with occasional negative price corrections, including the latest bull run of the top crypto and the second-largest crypto, Bitcoin and Ethereum. Investors are also collecting gains with the latest surge of Binance Coin (BNB) as Binance’s coin scored a new all-time high price on February 19th, getting past the value of 300$. As BTC is trading above 50,000$ and Ethereum is getting close to the value of 2,000$, will BNB reach new highs above 400$ in the following period.
Binance Coin Hits a New All-time High Price Above 300$
Binance coin is without a doubt one of the top gaining coins for the week 13th to 20th February and also for the year 2021 by far. Binance Coin was created to support the ecosystem of Binance exchange, following the expansion of Binance as well as granting discounts on trading fees for Binance traders. BNB has recently shown an amazing pace of growth with 121% of returns in the last seven days, while the crypto also managed to record a new historical high. Binance Coin recorded 339.94$ as the latest ATH on February 19th. The crypto is still trading above the value of 300$ at the price of 302$. In the meanwhile, since reaching the new all-time high, BNB dipped then spiked by 14% in the last 24 hours, seemingly hinting at another bull run that might take the coin to new highs while the momentum is still positive.
Binance Coin (BNB) Price Analysis for 14th to 20th February
- Binance Coin is trading at the price of 302$ after the latest price corrections with daily rises set at 14%
- The weekly chart is showing 121% of gains for BNB
- The lowest price for the week is 129$
- The highest price for the week is the latest ATH of 339$
- The yearly chart is recording returns of 1,262$
