BNB Hits Resistance at $654 as Israel-Iran Conflict Rattles Crypto Traders
BNB is stumbling beneath a stiff resistance level of $654, according to CoinDesk Research’s technical analysis model, with price swings driven by a surge of global unease following the ongoing war between Israel and Iran.
The token fell back after briefly breaking above $650, showing signs of stress, while the broader market gauge. CoinDesk 20 Index remained flat in the last 24 hours of trading. The drop in BNB price comes as the crypto market is rattled over Donald Trump’s call for Iran’s “unconditional surrender,” after saying the country’s leader was an “easy target.”
On the prediction market Polymarket, the odds of U.S. military action in the region before the end of the month have jumped to 61%. If the timeline is…
