BNB Rises 1.4% as Traders Anticipate U.S. Interest Rate Shift

BNB increased by 1.4% over the past 24 hours, reaching $933.03, driven by large-volume transactions that overcame technical resistance.
The rise is linked to investor interest ahead of a potential U.S. interest rate cut, with CME's FedWatch tool indicating a high probability of a 25 bps reduction.
Corporate treasuries hold approximately 828,900 BNB, valued at about $770 million, with CEA Industries as the largest holder.
Traders noted price stability in the low $910s before breaking above $930, testing resistance levels again.
BNB remains a leading exchange token, comprising 81% of the sector's market cap and nearing an all-time high alongside KuCoin's KCS.