BNB price rallies on news of DOJ-Binance settlement
1 min readBNB’s (
While BNB price did hit a 5-month high at $271.90 on Nov. 21, the move was accompanied by a surge in liquidations.
At the time of writing BNB price is retracing a majority of its intra-day gains, perhaps a sign that the price action reflected the age-old buy the rumor and sell on the news strategy that remains prevalent throughout the crypto sector.
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