Analytics

Will BNB Price Rise Ahead of Changpeng Zhao’s September Release?

27.07.2024

Amid the early week sell-off, the BNB price recorded a notable pullback from $605 to $553, registering a loss of 8.6%. However, the correction was short-lived as the broader market witnessed a rebound and rumors that Binance’s former CEO Changpeng Zhao will be released from Jail next month. The demand surged around the $555 level and offered buyers suitable support to prolong the current recovery.

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27.07.2024
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