Key Points
- Three CEX coins, including BNB, GT, and BGB reached new all-time highs today.
- BNB price hit $793, GT reached $13.32, and BGB recorded a surge to $1.74.
Today marks an important day for the digital assets of three important centralized exchanges, including Binance, Gate.io, and Bitget. BNB, GT, and BGB recorded new ATHs earlier.
Binance’s BNB Hit a New ATH Above $793
Earlier today, BNB reached a new all-time high, hitting a price above $793 and a market cap of $114.2 billion. At the moment of writing this article, BNB is trading at $773, up by 21% in the last 24 hours.
Now, BNB has a market cap of $111.3 billion.
Lately, Binance has been marking various important milestones worth mentioning. The most important crypto exchange in the world recently surpassed 244 million registered users.
Also, as we revealed earlier today, Binance is leading crypto exchange inflows in 2024. User fund inflows to Binance are 40% higher compared to the next ten exchanges.
The factors behind Binance’s growth include the exchange’s regulatory progress and the overall crypto market optimism. Also, Binance Launchpool’s success has gained traction, offering users various opportunities to participate in new token projects.
Gate.io’s GT and Bitget’s BGB Also Reached New ATHs
Gate.io’s Gate Token (GT) also recorded a new ATH today at $13.32 and a market cap of $1.18 billion.
At the moment of writing this article, GT is trading close to $13, up by over 15% in the last 24 hours. GT has a market cap of $1.14 billion.
Bitget’s BGB token also recorded a new ATH at $1.74 earlier today, when it hit a market cap of $2.44 billion.
At the moment of writing this article, BGB is trading at $1.71, up by over 11% in the last 24 hours. The token has a market cap of $2.39 billion.
The Golden Age of Crypto
Binance, Gate.io, and Bitget crypto exchanges have seen favorable conditions in the crypto market, including improved regulatory clarity, and increased mainstream integration.
As Binance’s CEO, Richard Teng, recently said, the crypto industry has entered a golden age, following the US elections which will bring more crypto-friendly regulations.
Binance continues to lead the crypto market in terms of inflows and user base, but the entire crypto ecosystem continues to grow, mirroring increased global interest and adoption.
