BNB at Highest Levels Since FTX Crash, Lido (LDO) Taps 5-Month Peak: Market Watch

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BNB has added over $100 since December 17.

Bitcoin’s adventure around $23,000 continues as the asset pumped above that level hours ago but now sits still just under it.

Only a handful of altcoins have produced more impressive 24-hour gains, including BNB and LDO, both of which tapped multi-month highs., the exchange’s native cryptocurrency was among the most volatile during the crash two months ago. At one point, it spiked from $300 to almost $400 in hours before retracing just as hard along with the rest of the market.

The most substantial price decline came on December 17 when BNB slumped to a multi-month low of $220. However, it began to gradually increase in value in the following days, and the early 2023 run has only pushed it higher. This culminated in a price jump to over $320 earlier today – the highest BNB has been since the FTX fiasco unfolded.

Lido DAO’s native crypto has also been riding high for the past several weeks. The last 24 hours brought a 6% increase, which pushed LDO to over $2.6. This became its highest price tag in over five months.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

 

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