Significant events have transpired in the cryptocurrency market as BNB reached a new all-time high above $827. This article presents key data regarding the current market situation.
BNB Market Achievements
BNB is trading at $821.54, a 0.80% increase compared to the previous day. This evening, the coin set a new record, highlighting its strength in the crypto market.
Bitcoin Growth and Market Volatility
Bitcoin continues to retain a positive trend, trading at $119,520.55 with a 0.79% gain. Experts point out the overall volatility affecting liquidations in the futures markets.
Liquidations and Trading Volume
Over the past 24 hours, positions valued at more than $172 million were liquidated, of which around $118 million were short positions. Spot trading volume for BNB increased by 167.65%, reaching $1.65 billion.
The recent rise of BNB and Bitcoin underscores the current trend of increased investor interest in cryptocurrencies, despite the accompanying market volatility.