Binance Coin gains value despite general bearish pressure

Considering that all cryptocurrencies have depreciated, there is not much to be excited about at the moment. Binance Coin holders may feel differently about this. Binance Coin stands out as the only positive cryptocurrency in the top 20, rising by about 5 percent.

Last week, we saw a strong upward trend for BNB. Except for a small setback, this trend still continues.

With the announcement that Binance has increased the commission rate to 40 percent for those who hold at least 500 BNB, the price of Binance Coin was based on $ 15 from $ 12. Then, the coin, which retreated a little, is close to the same value once again a few days later.

It is also important to note the value recorded by Binance Coin against BTC and ETH. According to the latest data, BNB has gained 7 percent against BTC and 7.5 percent against ETH.

BNB, according to 24-hour volume data, is at $114 million. This seems sufficient to continue the current trend.

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