Binance Coin Continues on the Upside Track
Binance Coin (BNB) is up 0.97% to $648 this week, performing closely in line with the broader crypto market, where Bitcoin (BTC) has gained 1.10% to $105,206. BNB has been hovering around the $600 support level since February and resumed its upward trajectory in May, supported by improving overall market sentiment. Despite limited momentum, the altcoin is maintaining levels near its all-time high of $793.98, indicating strong underlying demand. Binance’s ongoing growth as a crypto exchange continues to support its native coin, with a base-case upside scenario pointing to a move toward the $700 resistance, potentially followed by a push to new record highs.
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