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Binance Coin (BNB) Price News: Market Cap Reaches Milestone, Ranks 191st Globally

2025-08-09 11:09:01

Binance Coin (BNB) Price News: Market Cap Reaches Milestone, Ranks 191st Globally

Main Idea

Binance Coin (BNB) has reached a market capitalization of $112.2 billion, ranking it as the 191st largest asset globally, with its price rising to $808.69 despite a decline in trading volume.

Key Points

1. BNB's market cap of $112.2 billion surpasses DBS Bank and Strategy, placing it 191st globally.

2. BNB's price increased by 2.31% to $808.69, despite a 3.92% decline in 24-hour trading volume ($2.28 billion).

3. BNB's total and circulating supply stands at 139.28 million, with no maximum supply.

4. Technical indicators like RSI (63.07) and MACD (17.9) suggest short-term consolidation and bullish signals.

5. A $2 billion investment in Binance and a fee cut on the Binance Chain are cited as key catalysts for BNB's growth.

Description

BNB market cap hits $112.2B, overtaking DBS Bank and Strategy in global rankings. Price climbs to $808.69 despite lower trading volume, showing strong market resilience. RSI and MACD indicate bullish momentum with potential short-term consolidation. Binance Coin (BNB) just hit a major milestone, reaching a market capitalization of $112.2 billion to flip both DBS Bank and Strategy. This move now places BNB as the 191st largest asset in the world by market cap, a clear sign of its growing presence...

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