BNB Price Briefly Trades Over $1k; Changpeng Zhao Lists Out Possible Reasons
The post BNB Price Briefly Trades Over $1k; Changpeng Zhao Lists Out Possible Reasons appeared on BitcoinEthereumNews.com.
BNB price briefly traded at an ATH of $1,005.29. Changpeng Zhao said that a pro-crypto US administration and rate cut, among other reasons, may have possibly contributed to the high. BNB price was last seen undergoing a correction on the chart. BNB Price experienced a moment of bliss when it briefly traded above $1,000. That marked a new ATH for the Binance token and simultaneously triggered speculations about returning to the said high. BNB price has now retraced to a lower value, possibly indicating correction. But sentiments around BNB price are bullish. Binance Founder Changpeng Zhao took a moment to explain possible reasons behind the surge in BNB price. New BNB Price ATH BNB price breached the $1k milestone and briefly traded at an ATH of $1,005.29. The price of Binance token has retraced its steps to under the milestone, and is trading at $988.14 when the article is being drafted. That is a decline of 0.48% over the last 24 hours. Nevertheless, BNB price reflects a surge of 9.07% in the last 7 days and 18.46% in the last 30 days. There is a significant decline of 6.03% in the 24-hour trading volume. According to data from CoinCodex, it is possible for BNB price to again breach the mark of $1k in the next 30 days. The data highlights the possibility of a jump of around 6.69% during the time window. Thereby, taking the BNB price to around $1,054.40. Overall sentiments around BNB are bullish amid the volatility of 3.54%. Binance Founder Changpeng Zhao Lists Possible Reasons The Founder of Binance, Changpeng Zhao, has listed out possible reasons for BNB to reach the ATH of $1,005.29. Also known as CZ, Zhao pointed out that BNB price may have reached a high because of the new pro-crypto administration in the…
Filed under: News - @ September 19, 2025 9:30 am