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Binance Coin bull market cycles - historical perspective of BNB bull runs
In this overview, we will show the previous bull runs of the Binance Coin cryptocurrency, including statistical analysis of BNB returns during previous bull runs.
|Symbol||Price (USD)||Price change (1d)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Binance Coin has experienced 15 bull markets in the past, see chart below:
What is Binance Coin biggest bull run ?
Binance Coin biggest bull run started on Oct 26th, 2017 and ended on Jan 6th, 2018, lasting for 72 days..
During this time, the price of Binance Coin increased from 0.0459 USD to 24.3699 USD, resulting in a return of 52939.6 %.
Average compounded daily increase of price during this period was 9.1% / day.
What is Binance Coin 2nd biggest bull run ?
Binance Coin 2nd biggest bull run started on Mar 17th, 2020 and ended on Feb 20th, 2021, lasting for 340 days.
During this time, the price of Binance Coin increased from 9.4007 USD to 338.0661 USD, resulting in a return of 3496.2 %.
Average compounded daily increase of price during this period was 1.06% / day.
What is Binance Coin 3rd biggest bull run ?
Binance Coin 3rd biggest bull run started on Dec 15th, 2018 and ended on Jun 22nd, 2019.
During this time, the price of Binance Coin increased from 4.4703 USD to 38.9179 USD, resulting in a return of 770.6 %.
Average compounded daily increase of price during this period was 1.15% / day.
Returns of previous Binance Coin bull runs
In the following table you can see the previous BNB bull runs, in which period they occurred and what were the returns achieved during each bull run:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of Binance Coin
See Binance Coin past bull and bear markets in the chart below:
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