BNB price eyes $700 amid volume surge

Description

Binance Coin (BNB) is trading above $650 as some altcoins gain momentum, with Bitcoin above $108,600 and up nearly 3% in the past 24 hours. As top altcoins mirror the uptick, BNB price is up 1.7% and approaching the critical $700 resistance level. On the catalyst table is robust network activity and heightened decentralized finance (DeFi), which has BNB seeing a notable spike in daily volume. The BNB Chain is also recording significant numbers in decentralized exchange volumes as institutional a...