From Yahoo Finance: 2025-06-03 10:42:00

Binance’s BNB token rose 3.6% after the SEC dismissed a lawsuit against the exchange, reaching $673.70 before correcting to $665. SEC’s move coincided with Binance resuming U.S. dollar deposit features, boosting BNB’s rally amidst global financial uncertainty. BNB Chain handled $14 billion in DEX volume, showing resilience despite regulatory scrutiny.

Technical analysis shows BNB forming an ascending channel, hitting $673.70 before consolidating at $665.32. Strong accumulation patterns and renewed buying interest at $665.32 suggest a potential bullish trend. With regulatory uncertainty lifted, traders may see this as a positive sign for BNB’s future performance.



Read more at Yahoo Finance: BNB Rises on Growing Regulatory Clarity, Renewed Trading Activity