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Binance Coin (BNB) Up While DOGE, BTC, and ETH Experience Losses

source-logo  coinedition.com 19 December 2022 09:35, UTC

The global crypto market cap has declined 0.50% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the total crypto market cap stands at approximately $806.67 billion.

The majority of prices in the crypto market have fallen over the last 24 hours, with some crypto projects deviating from the overwhelming trend and actually printing gains over the same time period.

Bitcoin (BTC), the crypto market leader, is trading at $16,727.48 following a 0.13% drop in price. BTC’s price is currently also down 1.30% over the last week. Meanwhile, the largest altcoin by market cap, Ethereum (ETH), saw its price drop over the last 24 hours to trade at $1,181.29 at press time.

The same negative price movement can be seen in Dogecoin’s (DOGE) price. The meme coin is changing hands at $0.07762 after its price dropped 2.33% over the last 24 hours.

Binance Coin (BNB), on the other hand, has been able to print a slight gain while a large percentage of the rest of the market is in the red. The FUD surrounding the behemoth cryptocurrency exchange ignited the mass sell-off in the crypto market last week. This sell-off impacted BNB heavily as the altcoin’s price dropped as much as 20%.

The exchange’s native crypto has recovered slightly this weekend, gaining 4.71% on December 17 and 3.68% on December 18. BNB’s price is now up 0.44% over the last 24 hours as well.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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