BNB Token Holds Strong Amid 3.76% Dip, High Volume, and Fermi Hard Fork Ecosystem Boost
BNBUSDT experienced a 3.76% decline over the past 24 hours, trading at 883.45 USDT, primarily driven by the broader cryptocurrency market downturn, including a 3.4% drop in overall market capitalization and Bitcoin falling below the $90,000 mark amid macroeconomic uncertainties such as U.S.-EU tariff tensions. Elevated selling activity and cooling momentum have contributed to short-term volatility, although the main daily trend remains an uptrend in the medium term. BNB maintains high trading volume, reported between $2.58 billion and $3.26 billion, with a market capitalization of approximately $120 billion and a circulating supply of 136.36 million tokens, confirming its position as a leading digital asset. Recent ecosystem updates, including the Fermi hard fork and community engagement initiatives, further support BNB’s utility and long-term outlook.