BNB Pushes Higher Despite Market Turbulence, Testing Resistance Near $674
From Yahoo Finance: 2025-06-11 11:20:00
Binance’s BNB token defied market unease, rising 1.75% to $670.91. This uptick followed a U.S. CPI report showing lower-than-expected inflation in May. The S&P 500 and NASDAQ also climbed, with CoinDesk 20 rising 2.6%. BNB’s higher lows indicate accumulating interest despite ongoing volatility.
Bitcoin is steady at $109,800, showing increased wallet activity hinting at accumulation. BNB traded in a narrow range, with strong buying pressure in the morning. While testing resistance near $673.67, the token held support at $667.50. A brief sell-off was quickly stabilized, maintaining a bullish structure above $670.
Traders are eyeing a clean break above $674 for the next leg higher in BNB’s price. Despite AI tools assisting in generating parts of this article, all content was reviewed for accuracy and adherence to editorial standards. For more information, refer to CoinDesk’s full AI Policy.
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