BNB’s price has reached its highest point since November 2022, with an underperforming Bitcoin and a gaming platform launch on Binance Launchpool serving as primary catalysts.
BNB (BNB) price momentum has been bullish recently, with Feb. 22 marking another milestone. The cryptocurrency soared to $387, its highest value since November 2022, showcasing a remarkable 9% increase in the last 24 hours.
Let’s discuss the main reasons behind the BNB price rally.
BNB’s price rise in the last 24 hours coincides with Bitcoin’s (BTC) 2.5% drop versus the U.S. dollar.
