BNB reached a record high of $1,370, despite Binance facing criticism and market chaos after $19 billion in crypto liquidations wiped out traders over the weekend.
Binance’s ecosystem token BNB reached a new all-time high on Monday, outperforming the wider cryptocurrency market, which is still recovering from $19 billion in liquidations over the weekend.
The BNB (BNB) token rose to a new all-time high of $1,370 on Monday, according to CoinMarketCap data, rebounding strongly after a weekend crash that triggered the forced liquidations across exchanges.
The rally came despite heavy criticism from Binance users who blamed the exchange for contributing to the market chaos after technical glitches left traders unable to exit positions.
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Author: Zoltan Vardai
