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Binance Coin ($BNB) has surged in the last 24 hours, climbing past the $666 price level. This comes as a golden cross emerged on the asset’s price chart. The development extends $BNB’s weekly gain by 4.9% and the monthly uptick by 12.81%.
Market recovery adds to Binance Coin’s bullish momentum
As per CoinMarketCap data, Binance Coin is exchanging hands at $668.24, which represents a 2.5% increase in the last 24 hours. The asset’s trading volume also looks strong as it jumped by 18.18% to $1.91 billion within the same time frame.
Notably, a golden cross emerges when a short-term moving average crosses above a long-term moving average. Market participants consider this technical signal a bullish indicator, especially when supported by strong trading volume.
Binance Coin’s volume has shown a huge boost, hence, the $BNB price soared from a daily low of $646.49 to hit a peak of $668.30 on the crypto market.
The asset’s bullish performance coincides with a broader market 2.34% gain as crypto assets witness a break from the bearish pressure triggered by geopolitical tensions in the Middle East.
If $BNB is able to hold the current momentum and stabilize above the $650 price level amid strong volume, a breakout is possible. The coin could retest the $688-$718 zone.
$BNB's continued battle with $XRP for market rank
Binance Coin’s price performance remains key to the asset retaining fourth place in terms of market cap ranking.
$XRP poses a huge threat to $BNB in the battle for the top four spots. In January 2026, when $XRP traded above $2.30, it was closing in on $BNB, and the current difference of approximately $5 billion in market cap is due to $XRP’s inability to reclaim the $2 zone.
Interestingly, in spite of $XRP’s weak performance, the coin flipped Binance Coin around in mid-February 2026. At the time, $BNB was trading below the $620 price level. This signals that $XRP remains a resilient asset and could potentially displace $BNB from the third-ranked cryptocurrency.
coindesk.com
