The BNB increased by more than 6.6% in the last 24-hour window as a wave of business cash purchases and a recently announced trade agreement between the United States and the European Union (EU) has led to the increase in the increase.
The trade agreement has seen actions in Europe climbing during the negotiation session today and also increased the term contracts of Wall Street. He avoided a trade war and imposes an import rate of 15% on most EU assets while seeing block commitments to invest in the United States
The agreement comes after President Donald Trump announced trade agreements with several other countries, including Japan and Indonesia.
Large companies, including the pharmaceutical company Windtree Therapeutics and the technological company Nano Labs, allocated $ 610 million combined for their BNB vouchers, stimulating demand.
While Windtree brought $ 520 million to BNB, Nano Labs recently moved with an investment of $ 90 million. Other companies, including Build and Build Corp, also accumulate BNB.
The cryptocurrency price has increased from $ 796.95 to a flirt now with $ 850, trading peaking at $ 860.86 during an increased activity earlier in the negotiation session.
The volume of trading increased by almost 170% as prices increased. More than 271,000 BNB tokens have changed hands for one hour, well above average 24 hours a day. These large volume peaks suggest strategic positioning rather than retail speculations.
Although BNB has been slightly back since then, the technical resistance remains close to $ 860, where profits have occurred.
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