When it comes to taking a closer look at the alternative cryptocurrency market momentum, a lot of interesting trends can be noted. Although not all markets are even close to turning bullish, the weekend will undoubtedly yield some promising momentum. Until then, however, the Binance Coin price will seemingly remain under a lot of pressure. All of the “advocating” on Twitter is seemingly backfiring on this project a bit.
Binance Coin Price Faces a Minor Onslaught
It is not entirely surprising to see the value of Binance Coin drop off a bit after a very strong bull run earlier this week. Those massive gains would never be sustainable for the long run. Such a strong uptrend will always be met with a correction, which is exactly what BNB is going through at this time. While it remains a bit unclear how long the negative pressure will remain in place, it seems this may not be the current bottom by any means.
Over the past 24 hours, the Binance Coin price lost 5% in USD value, 5.4% over Bitcoin, and 4.5% over Ethereum. It is a sea…