Binance Coin hovers near all-time high as Binance reaps benefits from crypto rally
- BNB price hovers around $720 on Monday, down from an all-time high of $794 on December 4 and holding a market capitalization above $100 billion.
- Binance handled 36% of the global crypto market trading volume in November, or $986 billion, as the market rallied following Trump’s reelection.
- Binance has pulled another $350 billion in trading volumes in December so far, and BNB price volatility has increased sharply.
BNB consolidates around the $720 mark on Monday, after an all-time high rally to $794 on December 4 propelled its market capitalization above the $100 billion milestone. Market activity trends suggest BNB could be on the verge of another major breakout in the weeks ahead.
