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    Home » Binance Coin (BNB) has updated the historical maximum in relation to Bitcoin

    Binance Coin (BNB) has updated the historical maximum in relation to Bitcoin

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    By BlockchainJournal on February 11, 2019 News
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    On Monday, February 11, the native token of the Binance exchange updated the historical maximum in relation to Bitcoin, rising in price to 0.0026880 BTC. It turned out to be the highest rate of BNB against BTC in the one and a half year of the coin’s existence.

    At the time of writing, the BNB rate has undergone a slight correction and is trading at about 0.0026000 BTC.

    At the same time, if we talk about the price of Binance Coin against the US dollar, here the coin is still far enough to a maximum on January 12, 2018, when its weighted average rate, according to CoinMarketCap, reached $ 24.91. So, today, BNB has risen to $ 9.82 as much as possible.

    Note that Binance Coin has been showing steady growth for several weeks already. So, on Wednesday, February 6, BNB rose in price by more than 15% and rose to the Top 10 CoinMarketCap. It happened against the background of the announcement of the Fetch.ai project tokensale on the Binance Launchpad platform and the release of a new version of the Binance Chain test network with support for the Ledger hardware wallet.

    However, BNB did not stop at this and continued to ascend to the new heights, not least due to the announcement of the Binance integration of the xRapid technology from Ripple. Growth in the BNB price against the dollar over the week was 35%, while the capitalization of cryptocurrency currently stands at $ 1.34 billion.

    Earlier, the CEO of Binance Changpeng Zhao said that the Bitcoin industry needs entrepreneurs and projects, and not exchange-traded funds (ETF).

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