Binance Coin Spiked 75% in 1 Month While Crypto Market Snoozed; What’s Driving its Rally?

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Since January 14, the price of Binance Coin (BNB) has increased from $5.54 to $9.7, by more than 75 percent against the U.S. dollar. In the same time frame, the valuation of the crypto market dropped slightly by $3 billion from $124 billion to $121 billion. BNB has outperformed the rest of the crypto market by a substantial margin and has become a top 10 cryptocurrency for the first time in its history after recording a 6 percent gain on the day. What’s Pushing Binance Coin Up and What’s the State of the Crypto Market? The primary contributing factors of

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