BNB Rises as Global Trade Tensions Drive Demand for Crypto Market Alternatives
Recent escalations in global trade disputes have created a complex backdrop for cryptocurrency markets, with BNB demonstrating notable strength despite economic headwinds.
The token’s upward momentum comes as investors seek alternative assets amid traditional market volatility caused by ongoing geopolitical tensions.
While central banks worldwide adjust monetary policies to combat inflation, digital assets like BNB are increasingly viewed as potential hedges against economic uncertainty.
Technical Analysis Highlights
- Price action formed a clear uptrend, breaking through key resistance at $687.50 with above-average volume during the 00:00 hour push to $691.06, establishing new support at the $688.70 level.
- Most significant price movement…
