BNB tops $870, outperforming crypto majors as volume surges
BNB extended gains over the past 24 hours, rising nearly 2.5% to trade at $872 amid a broader cryptocurrency market recovery that saw the CoinDesk 20 (CD20) index rise 1.4% in the same period.
The token outperformed most major cryptocurrencies during the session, holding firm above the $850 support level as volatility weighed on the wider market, according to CoinDesk Research’s technical analysis data model.
Trading data shows BNB rose above $851 and then climbed steadily through the period, reaching a high of about $876 before consolidating. Daily volume went well above recent averages, suggesting participation from larger traders rather than short-term retail flows.
Price action followed a familiar pattern for major player accumulation….
