BNB Climbs as Crypto Markets Rebound on Potential Fed Policy Shift

BNB, the native token of the BNB Chain, climbed 1.4% in the last 24 hours, participating in a risk-asset rally that saw Bitcoin rise 2.6% and the wider crypto market (CD20) up 2.5%. This rebound was fueled by signs that the Federal Reserve might ease its quantitative tightening program and a softening stance on tariffs by U.S. President Donald Trump. BNB experienced significant volatility, trading between $1,077 and $1,144 on high volume before paring some gains. Recent positive developments for BNB include Coinbase adding the token to its review list and China Merchants Bank International tokenizing a money market fund on the BNB Chain. Despite the rebound, market sentiment remains cautious, with the Crypto Fear & Greed Index sitting at 30, indicating 'fear.' Traders are currently pricing in a 25 basis-point interest-rate cut from the Fed this month.

(Source：CoinDesk)