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BNB Climbs 3.5% as Fed Rate Cut Bets Fuel Rally Past Key Resistance
Yahoo Financeยท 2025-10-02 14:06
BNB rallied more than 3.5% in the last 24 hours, tracking broader gains across the crypto market as expectations of a Federal Reserve rate cut firmed. The token rose from a session low of $1,017.44 to more than $1,050, marking a breakout above key resistance levels in the session. The rise comes on the back of an unexpected drop in U.S. private payrolls that adds to a growing list of signals that the Fed may begin easing monetary policy sooner than expected. With official jobs data paused due to the on ...