BINANCE COIN HAS ESTABLISHED A HISTORICAL MAXIMUM IN PAIR WITH BITCOIN
On Monday, February 11th, the native token of the Binance exchange updated the historical high against bitcoin, rising in price to 0.0026880 BTC. It was the highest rate BNB against BTC for all six years of the existence of the coins.
The BNB rate has undergone a small correction and is trading around 0.0026000 BTC.
At the same time, if we talk about the price of Binance Coin against the US dollar, here the coin is still far enough to the maximum of January 12, 2018, when its weighted average rate, according to CoinMarketCap, reached $24.91. So, today BNB rose to $9.82 as much as possible.
Note that Binance Coin shows a steady increase for the past several weeks. So, on Wednesday, February 6th, BNB rose in price by more than 15% and is among the Top 10 on CoinMarketCap. It happened against the backdrop of the announcement of licensee project Fetch.ai on the platform Binance Launchpad and release of the new version of a test network Binance Chain support hardware wallet Ledger.
However, this BNB did not stop and continued to climb to new heights, not least thanks to the announcement of the integration of Binance exchange technology xRapid from Ripple. The increase in the price of BNB against the dollar for the week was 35%, and the capitalization of the cryptocurrency at the moment is $1.34 billion.
The post BINANCE COIN HAS ESTABLISHED A HISTORICAL MAXIMUM IN PAIR WITH BITCOIN appeared first on Bitcoin News.
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