Jan 12, 2026

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Binance Coin Surges Past $900 Amid Easing Regulatory Concerns

Binance Coin surged past $900, reaching around $907, with the broader crypto market up 0.55%. Bitcoin was above $92,000 and Ethereum traded over $3,100.

Regulatory Shift Impact

Changpeng Zhao (CZ) indicated optimism due to a potential new crypto cycle linked to regulatory changes.
The SEC removed crypto from its list of priority risks for 2026, easing scrutiny and boosting sentiment across tokens.

Institutional Activity

Wells Fargo acquired 383 million shares in Bitcoin ETFs, marking significant institutional interest.
Morgan Stanley filed for a spot Bitcoin ETF, indicating growing involvement from major financial players.

Macroeconomic Influences

A busy US data week could affect crypto markets, with key events including the FOMC speech, Consumer Price Index, Producer Price Index, jobless claims, and a Fed balance sheet update.
Unexpected outcomes in these reports may alter liquidity flows and token demand.

Technical Analysis of Binance Coin

BNB rose to $909, facing short-term resistance at $950 and a psychological barrier at $1,000.
Technical indicators show bullish momentum: MACD crossover and RSI at 56.10, indicating potential for further gains.
Key support is near $850, with risk of decline towards $820 if broken.
Market participants are monitoring macroeconomic data and regulatory news for price movement cues.