Binance Coin’s Uncertainty: Bulls vs. Bears in a Tight Race

BNB, the native token of Binance, is currently trading around $933 after seeing its price drop by 1.45% in the last 24 hours. Trading volume for BNB has surged over 63%, reaching a whopping $2.9 billion. This comes as bearish sentiment prevails across the crypto market, reflected in the extreme fear index of 17. Major asset classes like Bitcoin (BTC) and Ethereum (ETH) are also trending downward, adding to the general price decline.