Doubts about the possible resilience of Binance have obviously also affected the market price of the cryptocurrency BNB, or Binance Coin.
The price trend of Binance Coin (BNB)
Over the past seven days, BNB has lost 13%, against, for example, the substantial stagnation of BTC and ETH.
Until Wednesday, 14 December, the price of BNB was lateralizing similarly to that of the two major cryptocurrencies, but starting on Thursday it went into a bit of a slump.
In fact from $275 on Wednesday it fell to $228 on Saturday, accumulating a loss of 17 % in just three days.
Yesterday, however, there was a small rebound that brought the price back to around $250 or so, thanks to which the weekly loss was reduced to 13%.
It is worth noting, however, that among the major cryptocurrencies by market capitalization BNB is by far one of those that had lost the least during 2022.
Its current price is 64% below last year’s absolute highs, while in contrast, for example, this percentage rises to
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