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Traders Call BNB’s $1,000 Breakout “A Launchpad, Not a Top”


Traders Call BNB’s $1,000 Breakout “A Launchpad, Not a Top”

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  • 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.

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In This News

Coins

$ 65.16K

+0.19%

$ 0.065

-0.78%

$ 607.26

+0.39%

$ 0.00543

-0.94%

$ 213.96


Predictions Markets

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Share:

In This News

Coins

$ 65.16K

+0.19%

$ 0.065

-0.78%

$ 607.26

+0.39%

$ 0.00543

-0.94%

$ 213.96


Predictions Markets

See what traders are focused on

View analytics →
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