BNB Climbs as Crypto Markets Rebound on Potential Fed Policy Shift

Sentiment remains cautious, with the Crypto Fear & Greed Index at 30, indicating “fear” in the market.

  • BNB, the native token of the BNB Chain, rose 1.4% in the last 24 hours, fueled by a surge in trading volume and a risk asset rally that saw bitcoin and the wider crypto market advance.
  • Despite the rebound, sentiment remains cautious, with the Crypto Fear & Greed Index at 30, indicating “fear” in the market.

According to a technical analysis data model, BNB, the native token of the BNB chain, has risen 1.4% over the past 24 hours, despite experiencing a significant 7% price swing during high-volume trading sessions.

This gain came amid a rebound in risk assets, with Bitcoin up 2.6% over the past 24 hours, while the broader cryptocurrency market gained 2.5%, according to the CoinDesk 20 (CD20) index, following a softening of tariffs by US President Donald Trump and signs that the Federal Reserve may unwind its quantitative tightening program in the near future

BNB opened the session near $1,077 and climbed as high as $1,144 before paring gains. The advance coincided a surge in trading volume, which spiked to 128,847 tokens, nearly double the 24-hour average.

After a dip to around $1,090, buyers stepped in again before resistance capped the move near $1,144. BNB then saw a pullback as the token slipped from $1,128 to $1,122, reflecting waning momentum.

Last week, Coinbase added the token to its list of assets under review for full platform support, part of its newly launched “Blue Carpet” initiative aimed at expanding retail access to more tokens. Around the same time, China Merchants Bank International (CMBI) tokenized its U.S. dollar money market fund on the BNB Chain, issuing two tokens — CMBMINT and CMBIMINT — for accredited investors.

Traders are pricing in a 25 basis-point interest-rate cut from the Federal Reserve this month, while signs of easing trade tensions between the U.S. and China added to risk appetite.

On the other hand, growing geopolitical tensions are weighing on risk assets. Despite the rebound, sentiment remains cautious. The Crypto Fear & Greed Index is at 30, meaning sentiment remains in the “fear” area.