BNB Climbs as Crypto Markets Rebound on Potential Fed Policy Shift
BNB, the native token of the BNB Chain, rose 1.4% in the last 24-hour period, despite sharp swings that saw its price move through a 7% range during a high-volume session, according to CoinDesk Research’s technical analysis data model.
The gain comes amid a risk-asset rally that saw bitcoin rise 2.6% in the last 24 hours, while the wider crypto market moved up 2.5% based on the CoinDesk 20 (CD20) index after U.S. President Donald Trump softened his stance on tariffs and amid signs the Federal Reserve may ease its quantitative tightening program in the near future.
BNB opened the session near $1,077 and climbed as high as $1,144 before paring gains. The advance coincided a surge in trading volume, which spiked to 128,847 tokens, nearly…
