Key Points:

• BNB is currently trading around $776, showing a 1.3% increase in the last 24 hours.
• Earlier today, the token reached a local peak of $778, before a rapid sell-off reduced current gains.
• Despite some volatility, BNB’s performance remains comparatively stable, down only 8.7% from its all-time high, especially when contrasted with larger declines observed in other exchange tokens.

BNB hovered near $780 following a significant rally earlier today but has faced selling pressures. The cryptocurrency recorded about a 1.3% increase over the past 24 hours, now stabilizing around $776.

BNB Chart

Earlier in the day, heightened trading volumes propelled BNB to $778, where it faced critical resistance. This surge was short-lived, leading to a drop in price as sell-offs ensued, diminishing gains achieved during the rally.

This shift in price is viewed in the context of increased corporate interest, notably after CEA Industries secured a $500 million private placement to expand its BNB treasury strategy.

As external factors shape the market, investor sentiment continues to evolve in response to changing trade policies and geopolitical risks, particularly concerning the impending impacts of reciprocal tariffs that are anticipated to affect markets in the coming months.