BNB Surges 6.6% Following U.S.-EU Trade Deal and Corporate Purchases
BNB Price Movement
- BNB rose over 6.6% in the last 24 hours.
- Corporate treasury purchases and a trade deal between the U.S. and EU drove trading activity.
- The trade deal imposes a 15% import tariff on most EU goods and encourages investment in the U.S.
- Major firms, including Windtree Therapeutics and Nano Labs, allocated $610 million to BNB treasuries.
- WindTree committed $520 million; Nano Labs invested $90 million.
- BNB's price increased from $796.95 to around $850, with a peak of $860.86.
- Trading volume surged nearly 170%, with over 271,000 BNB tokens traded in an hour.
- Technical resistance is noted near $860, where profit-taking occurred.