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BNB Inches Higher as Traders Test $930 Resistance, Exchange Tokens Stay Firm
Yahoo Financeยท 2025-09-16 14:25
Group 1 - BNB rose 1.4% in the past 24 hours, reaching a price of $933.03 due to large-volume transactions breaking technical resistance [1] - The increase in BNB's price reflects growing interest from market participants ahead of a potential shift in U.S. interest rates, with a 96% chance of a 25 bps reduction according to CME's FedWatch tool [2] - Corporate treasuries hold approximately 828,900 BNB, valued at around $770 million, with CEA Industries being the largest holder at 389,000 tokens [3] Group 2 - The upward momentum in BNB's price has been supported by coordinated volume spikes, indicating widespread interest [4] - BNB represents 81% of the total market capitalization of the exchange token sector and is near an all-time high alongside KuCoin's KCS [4]