Binance Coin Standstill at $574, Brace for a Breakout Trade
The BNB/USD closed at $578.30, after hitting a high of $592.50, and a low of $554.60. The BNB/USD pair dropped for the third consecutive session on Wednesday, amid the prevailing negative mood in the cryptocurrency market.
BNB/USD followed the other cryptocurrencies, and started this week in negative mode, on the back of the recent renewed crackdown on cryptocurrencies by the Chinese government and the approval of the US infrastructure bill.
Binance Cash (BNB/USD) Technical Outlook
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