BNB Climbs as Crypto Markets Rebound on Potential Fed Policy Shift

Core Insights - BNB, the native token of the BNB Chain, experienced a 1.4% increase in the last 24 hours, despite significant price fluctuations within a 7% range during a high-volume trading session [1][2] Market Context - The rise in BNB coincided with a broader rally in risk assets, including a 2.6% increase in Bitcoin and a 2.5% rise in the wider crypto market, influenced by U.S. President Donald Trump's softened tariff stance and potential easing of the Federal Reserve's quantitative tightening [2][5] - Traders are anticipating a 25 basis-point interest rate cut from the Federal Reserve this month, while easing trade tensions between the U.S. and China have contributed to increased risk appetite [5] Trading Activity - BNB opened at approximately $1,077, peaked at $1,144, and then retraced to around $1,122, indicating a pullback due to waning momentum [3] - Trading volume surged to 128,847 tokens, nearly double the 24-hour average, reflecting heightened market activity [3] Developments in Token Support - Coinbase has added BNB to its list of assets under review for full platform support as part of its "Blue Carpet" initiative aimed at expanding retail access to more tokens [4] - China Merchants Bank International (CMBI) has tokenized its U.S. dollar money market fund on the BNB Chain, issuing two tokens for accredited investors [4]