BNB Rises 1.5% Amid Strong Buying Pressure and Corporate Accumulation
BNB increased nearly 1.5% in the last 24 hours, testing the $860 mark after breaking key resistance levels.
Main points:
- Current price near multisession highs.
- Strong buying pressure noted, with trading volume at 49,560 tokens, 70% above the 24-hour average of 27,459.
- Price broke resistance at $851–$853 before moving above $854.
- In a 60-minute period, BNB rose 0.5% from $854.75 to $859.
- CEA Industries expanded its total BNB holdings to 388,888 tokens, worth $330 million, targeting 1% of supply by year-end.
- The CoinDesk 20 index rose 2.7% in the same timeframe.
- Traditional markets faced a long-bond sell-off due to concerns over government debt, benefiting safe havens like gold.
Tokenized gold market surpassed $2.5 billion as gold prices approached record highs.