![]() Current prices are always displayed in the BNB chart. Binance Coin is available for immediate purchase at the current BNB price quote of EUR. It’s fast and easy to buy BNB at Kriptomat. There’s no need to consult an expert to tell you how to buy Binance Coin. Kriptomat data confirms that EUR is the lowest recorded Binance Coin value. What Is the Lowest Price of Binance Coin in EUR? The market capitalization of Binance Coin is equal to the value of Binance Coin multiplied by the number of BNB in circulation.īinance Coin Price FAQ What Is the Highest Price of Binance Coin in EUR?īinance Coin price history shows that BNB has recorded a peak value of EUR. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period. The live Binance Coin exchange rate varies from moment to moment as transactions take place on exchanges all over the world. The effects of these endorsements on crypto prices cannot be overstated. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. ![]() When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. Newsmakers increasingly influence crypto prices. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower. Government regulations have a great impact on the price of Binance Coin and other currencies. This could be due to people turning to crypto in the face of weakened national economies. For example, many cryptos made impressive gains in 2020 while economies around the world suffered due to the COVID-19 pandemic. The BNB exchange rate sometimes moves with or in response to changes in the wider economy. This means that the government can’t cause inflation – devaluation of the currency – by firing up the printing presses. Like all cryptocurrencies, it was created with a fixed supply. Myriad factors affect the value of Binance Coin. Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.įactors Influencing the Price of Binance Coin Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries? You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices. In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Binance Coin chart. ![]() Two of the most commonly used are technical analysis and fundamental analysis. There are countless ways to analyze crypto performance and make a buying decision. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall. Analyzing Binance Coin’s Price Historyīefore buying any cryptocurrency, it’s worth doing your homework. Many people find that small regular purchases are a great way to save funds for retirement or a major purchase with money they would otherwise spend thoughtlessly. Recurring buys tend to moderate the effects of cryptocurrency price volatility. Many financial advisors recommend this strategy for building value in an investment portfolio. This innovative portfolio-building service allows you to schedule automatic purchases on a weekly, bi-weekly, or monthly schedule. If you’re considering a purchase, take a moment to check out Kriptomat’s Recurring Buy program. The article is part of Kriptomat’s Learn project, which provides clear, brief explanations of crypto terminology and investing strategies. For instructions, check out How To Buy Cryptocurrency and Keep It Secure. The fastest, most convenient way to make a purchase is to buy BNB at Kriptomat. How do Binance Coin price movements correlate with market trends? Check our comprehensive cryptocurrency price page for information at a glance. And the lowest recorded BNB price is EUR. The highest recorded Binance Coin price is EUR. Binance Coin has a circulating supply of. The market rank of Binance Coin is based on a market capitalization of EUR. The price has changed by EUR in the past 24 hours on trading volume of EUR.
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