CandleFocus Is BNB Price $1000 Rally Next After Bitcoins’ $100k Milestone? - CryptoNewsZ
2024-12-07
Author: Content Editor
The crypto market experienced an uptick with Bitcoin remaining at $100k, leading to a surge in the altcoin market, particularly Binance coin (BNB). There has been significant whale accumulation of BNB, indicating potential for a sustained rally. BNB is currently trading at $743.75 with a 3.71% gain and a market cap of $108.4 billion. An address withdrew a large amount of BNB from an exchange during a market dip, suggesting that large investors are interested in accumulating BNB. The price of BNB recently reached a new all-time high of $793.8. The BNB price broke past resistance at $690 and could potentially reach a target of $1,196 if bullish momentum continues.
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