$BNB $BTC $ETH
The price of BNB is approaching $1,500
registering its highest level ever after a 16% increase, and CZ's statements boost the upward momentum
The price of BNB has seen a strong recovery, rising by more than 16% to exceed $1,350, outpacing Bitcoin and Ethereum as optimism grows around the imminent approval of a spot ETF and renewed confidence in the Binance ecosystem.
This increase comes after a sharp sell-off due to geopolitical tensions earlier this month, followed by a strong buying wave supported by whales (large investors) and institutional investment flows.
According to CoinGlass data, daily trading volume jumped by 55% to reach $10.7 billion, while open interest rose by 25%, indicating new financial positions entering with leverage betting on the continuation of the upward momentum in prices.
The price of BNB is approaching $1,500
registering its highest level ever after a 16% increase, and CZ's statements boost the upward momentum
The price of BNB has seen a strong recovery, rising by more than 16% to exceed $1,350, outpacing Bitcoin and Ethereum as optimism grows around the imminent approval of a spot ETF and renewed confidence in the Binance ecosystem.
This increase comes after a sharp sell-off due to geopolitical tensions earlier this month, followed by a strong buying wave supported by whales (large investors) and institutional investment flows.
According to CoinGlass data, daily trading volume jumped by 55% to reach $10.7 billion, while open interest rose by 25%, indicating new financial positions entering with leverage betting on the continuation of the upward momentum in prices.