BNB’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $260. BNB’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most traders and investors. BNB’s price looks weak and continues to trade below the daily 50 Exponential Moving Average (EMA) as bulls attempt to reclaim the region. The price action displayed by Binance Coin (BNB) has not met expectations, with the price showing so much price action in recent weeks, rallying to a high of $390. Following the collapse of the FTX effect affecting small crypto projects like Genesis as the market continues to look weak on each passing day signifying the bottom is not yet in, leading to the price of many altcoins, including Binance Coin (BNB), battling for survival. The Domino effect of the FTX saga on investors has left the market at a standstill as the market has yet to make a major move after previous weeks saw the price of BNB struggling to hold ab ..
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