Binance Coin (BNB) Soars to New ATH Amidst Crypto Market Volatility

Binance Coin (BNB) experienced a significant surge on Monday, October 13th, rebounding by 16% in just 24 hours and reaching a new all-time high of $1,370. This rally followed a dramatic market crash that wiped out over $19 billion in market value. Despite this volatility, BNB performed exceptionally well compared to other leading cryptocurrencies, even dipping as low as $1,024 before swiftly regaining its daily range. 100% higher than yesterday’s trading volume indicates traders are entering and holding positions rather than simply shorting or closing trades quickly. This suggests a bullish sentiment is returning to the market.