Category: Crypto News, News
Traders Call BNB’s $1,000 Breakout “A Launchpad, Not a Top”
- Binance co-founder Changpeng Zhao has been bull-posting in favor of the BNB ecosystem.
- The notable growth of the BNB Chain amid institutional adoption has favored the coin’s bullish outlook.
- The BNB/BTC bullish breakout signals further upsurge for the BNB/USD pair.
Binance Coin (BNB) cracked the $1,000 line for the first time on Thursday, hitting $1,005 on the Binance spot market before easing to $995 in mid-London trade. The move locked in a 4.2% daily gain and capped a rally that’s taken BNB 10,000x higher since its July 2017 ICO.
Binance co-founder Changpeng Zhao, who has been active again on X, marked the milestone with his usual bull-posting, telling holders “this is just the beginning.”
BNB’s Breakout
BNB’s surge came hours after the Fed delivered its first rate cut of 2025, a 25 bps trim that loosened liquidity across risk markets. While Bitc…
Read The Full Article Traders Call BNB’s $1,000 Breakout “A Launchpad, Not a Top” On Coin Edition.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
Share this article: