Binance Coin (BNB) has marked a notable achievement by breaking past an eight-month resistance zone, reaching a new all-time high. This milestone was accompanied by a 16% price increase within the last 24 hours.
The price surge has resulted in substantial market volatility. This impact includes liquidating numerous bearish and bullish positions, heightening the intensity of market activity.
Such dynamics underscore the volatility and complexity inherent in cryptocurrency trading, where significant price movements can cause widespread market impacts.
