BNB Price at Record High Despite Crypto Market Failure to Breach $2 Trillion Mark

Sahaj  |  Apr 2, 2021

Despite the failure of the market capitalization of the crypto market to breach the mark of $2 trillion, BNB price has recently touched its record high. Although other cryptocurrencies like BTC and ETH, managed to witness a huge surge, Binance Coin set a new all-time high.

BNB Price Hits Record High

Regardless of the fact that Bitcoin is priced really high and even managed to touch the $60k mark once again, it is still not able to overcome the transfigure price tag decisively. Apart from Bitcoin, several other cryptocurrencies have witnessed impressive gains and the leading coin among them is the Binance coin, as the BNB price has surged over 15%.

The oldest cryptocurrency showed some interest in the $60k price line for a few days now. Although towards the ending of the month of March, the prices experienced a great surge, they were not able to sustain.

Furthermore, the prices plunged by $3000 in just a matter of minutes, eventually leading the bulls to take control again and pump BTC balloon to take it near the $60k mark. ETH backed the crypto market and surged by $2000 as institutional demand increased.

Binance Coin and Crypto Market Capitalization at All-Time Highs

Talking about one of the most impressively performing digital asset in the crypto market in recent times, Binance coin can not be left behind.

It has been nearly 50% up in a matter of a week and as a result of this surge, the cryptocurrency managed to cross the mark of $350.

Other cryptocurrencies on the list are somewhat motionless on a 24-hour scale. Though assets like Cardano, Polkadot, Chainlink, and Litecoin have managed to provide their investors with minor gains, Ripple and Uniswap coin have witnessed a significant fall in their prices.

Therefore, the accumulative market capitalization of all the assets in the industry has risen to a new record as well. 

It was about to touch the mark of $2 trillion but somehow, the bears managed to keep it away from that mark and the bulls have to be satisfied with $1.930 trillion.

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