BNB Token Sees 2.53% Drop Amid FOMC Decision, Airdrop Launch, and $8.3B Chain Boost
BNBUSDT experienced a 2.53% decline over the past 24 hours, dropping from an opening price of 890.29 to a current price of 867.80. This price movement is attributed to recent market volatility following macroeconomic updates, including the FOMC interest rate decision, and ongoing recovery efforts within the broader cryptocurrency sector. Additional factors influencing BNB's market dynamics include the launch of a BNB airdrop to affected users, an $8.3 billion market cap boost for the BNB Chain, and new DeFi and prediction trading integrations. BNB is currently ranked 5th by market capitalization at approximately $119.38 billion, with a circulating supply of 137,735,675 BNB and a 24-hour trading volume of around $2.77 billion, reflecting active trading and continued ecosystem development.
