The cryptocurrency market saw several exchanges struggle throughout the past few years. Despite being hit with hurdles Binance continued to remain at the top of its game. Amidst this, Binance Coin (BNB) remained stable and even went on to record multiple peaks. More recently in December 2024, the altcoin hit an all-time high of $793.35. The asset is just a few dollars short of $800. But the overall market has been struggling over the past couple of days making it challenging for BNB to pick up steam. Can this weekend turn out to be bullish for the asset?

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Binance Coin 24 Hour Price Chart

The fifth-largest cryptocurrency went from trading at a low of $577.19 all the way to a high of $585.41. At the time of writing, BNB was trading at $582.87. This comes after a 0.04% drop over the past 24 hours. The last seven days have been fairly good for the asset as it rose by a little over 1%. Despite rising as high as $566.72, the asset couldn’t make it to the $600 mark.

In addition, the cryptocurrency was trading 26% below its all-time high. But its growth throughout the years highlights its capabilities. Since 2017, Binance Coin has surged by more than 605511.64%.

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April 20 Price Prediction

According to data from CoinCodex, Binance Coin will fail to reach $600 yet again. The asset could witness a downfall in the coming days. While the asset maintains its current position leading up to the weekend, April 19 and 20 could bring in major losses for its investors. The firm revealed that BNB will dip to a low of $535 marking an 8.03% drop over the past 24 hours. In addition on Sunday, the asset will record a slight recovery and trade at $576.

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