Biggest Movers: BNB Rallies to 5-Month High on Monday
Binance coin rose to a five-month high on Monday, as cryptocurrency prices continued to trade higher. The token rose to its highest point since mid-May, extending recent gains in the process. Avalanche was also in the green, climbing to a six-week high during today’s session. Binance Coin (BNB) Binance coin (BNB) rose to a five-month high to start the week, as cryptocurrency markets surged on Monday. BNB/USD moved to a peak of $336.52 earlier today, which comes less than a day after trading at a low of $307.37. Monday’s rise in price sees the token hit its highest point since May 9, when the coin was trading at $359. BNB/USD – Daily Chart Overall, BNB has now extended its recent bull run, with prices moving higher for a fourth consecutive day. Despite recent hacks on a blockchain linked to Binance, its native token remains unscathed, and has now risen by as much as $100 in the last ten days. As a result of this, the 14-day relative strength index (RSI) has...