BNB Price Climb in a V-shaped rebound as the uncertainty of Trump-Musk spit fades



BNB, the native token of the Binance ecosystem, organized a quick return after a market turbulence shake the wider cryptographic market.

The currency increased more than 4% with respect to the minimum of this week and has increased around 0.7% in the last 24 hours, reverting from a sauce to $ 631 to around $ 657 after forming a recovery pattern in the form of V in the form of a textbook, according to the technical analysis data model of Coindesk Research.

The rebound occurred when the uncertainty associated with an outbreak between the president of the United States, Donald Trump and the Tesla CEO, Elon Musk, which triggered a sale of risk assets, began to fade.

The foundations of the BNB chain have improved. Daily active users increased 26.4% to 1.2 million, while revenues in the first quarter of 2025 grew 58% from the trimester prior to $ 70.8 million, according to a Messari report.

The technical graphics show a successful resistance of BNB around $ 657 after a large purchase at the level of $ 650. A critical pivot is now at $ 654, with merchants who look at the inflation data of the United States, which will be published on Wednesday, for signals on the next movement.

Meanwhile, Binance leans towards innovation. His June Hackathon opened new clues in decentralized science and physical infrastructure.

Discharge of responsibility: parts of this article were generated with the assistance of the AI ​​tools and reviewed by our editorial team to guarantee the precision and compliance with our standards. For more information, see Coindesk’s complete policy.



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