BNB Rides Crypto Risk-On Rally to 5-6% Gain
BNB's recent surge of 3.93% over the last 18 hours can be attributed to a broad crypto risk-on rally driven by macro liquidity and regulatory optimism.
The US Treasury increased its long-end bond buybacks, providing a liquidity boost that supported risk assets, including crypto.
Total crypto market cap rose roughly 6.7-7% in 24 hours to about $2.6 trillion, with Bitcoin pushing toward the high-$70,000 area and BNB climbing around 5-6% alongside other majors.
Derivative data shows billions of dollars in short liquidations across Bitcoin and broader crypto, which tends to lift the entire large-cap complex, including BNB.