1 min read
Add as a preferred source on Google

BNB Falls 6.23% as Price Hits an Intraday Low of $678.13

BNB traded at $703.55 at 5:54 p.m. ET, while Bitcoin was down 3.25% at the same time.

Mentioned assets
A gold token rests tilted against a dark stone ledge / TokenPost.ai
A gold token rests tilted against a dark stone ledge / TokenPost.ai

BNB reached an intraday low of $678.13 Thursday and was trading at $703.55, down 6.23%, at 5:54 p.m. ET (21:54 UTC). The latest quoted price was above the session low, but the token remained sharply lower for the day.

At the same observation time, Bitcoin (BTC) was priced at $79,117, down 3.25%. BNB's daily decline was 2.98 percentage points steeper, while its $703.55 quote stood $25.42 above the session trough. Both figures describe intraday readings from Thursday, so the percentage changes reflect the market at that snapshot rather than a closing price.

Binance said a technical error had prevented some users from withdrawing funds and that its team was working to restore service. The update came at 5:52 p.m. ET (21:52 UTC), two minutes before the BNB price reading. The withdrawal update gives additional context on Binance's operations during the same period as the token's decline.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…