Binance Coin Trading Volume Up 35% As BNB Spikes To $274

Binance Coin (BNB) is currently inching towards the $275 level. The bulls are expected to likewise push harder and selling pressure should go back to normal in the next 24 hours. Are we seeing a major rebound in the next couple of hours? The crypto market has been predominantly strong over the last 24 hours. Everything is looking green for the crypto space. The king of crypto, Bitcoin was up by 6.77%, Ethereum gained 6.2%, while other major altcoins are flourishing. BNB/USD has extreme volatility seen in the last 24 hours, trading in the range of $255 to $275 or a trading volume increase of 34.46% or a total of $1.934 billion. Suggested Reading | Dogecoin Shows Signs Of Vigor – DOGE Target Of $0.075 Within Range Binance Coin At No. 5 Binance Coin, the utility token of popular crypto exchange Binance, currently ranks at the 5th place with a total market cap trading at roughly $44.2 billion. BNB has been displaying a stronger performance since the middle of last week; which made it break the resistance level at $245. BNB rallied further, reaching the $274 resistance level; with no downsides seen. BNB’s trading volume has increased to as much as 65% since last week which moves in tandem with the rest of the other coin supplies which has also gained 0.06% so far which wraps up the overall circulating supply to as much as 163.28 million, which is around 98.89% of the total supply of 165.12 million. Meanwhile, Bitcoin is curren...