Share this article
BNB Climbs as Crypto Markets Rebound on Potential Fed Policy Shift
Sentiment remains cautious, with the Crypto Fear & Greed Index at 30, indicating "fear" in the market.
Oct 20, 2025, 12:24 p.m.
What to know:
- BNB, the native token of the BNB Chain, rose 1.4% in the last 24 hours, fueled by a surge in trading volume and a risk asset rally that saw bitcoin and the wider crypto market advance.
- Despite the rebound, sentiment remains cautious, with the Crypto Fear & Greed Index at 30, indicating "fear" in the market.
BNB, the native token of the BNB Chain, rose 1.4% in the last 24-hour period, despite sharp swings that saw its price move through a 7% range during a high-volume session, according to CoinDesk Research's technical analysis data model.
The gain comes amid a risk-asset rally that saw bitcoin rise 2.6% in the last 24 hours, while the wider crypto market moved up 2.5% based on the CoinDesk 20 (CD20) index after U.S. President Donald Trump softened his stance on tariffs and amid signs the Federal Reserve may ease its quantitative tightening program in the near future.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
BNB opened the session near $1,077 and climbed as high as $1,144 before paring gains. The advance coincided a surge in trading volume, which spiked to 128,847 tokens, nearly double the 24-hour average.
After a dip to around $1,090, buyers stepped in again before resistance capped the move near $1,144. BNB then saw a pullback as the token slipped from $1,128 to $1,122, reflecting waning momentum.
Last week, Coinbase added the token to its list of assets under review for full platform support, part of its newly launched “Blue Carpet” initiative aimed at expanding retail access to more tokens. Around the same time, China Merchants Bank International (CMBI) tokenized its U.S. dollar money market fund on the BNB Chain, issuing two tokens — CMBMINT and CMBIMINT — for accredited investors.
Traders are pricing in a 25 basis-point interest-rate cut from the Federal Reserve this month, while signs of easing trade tensions between the U.S. and China added to risk appetite.
On the other hand, growing geopolitical tensions are weighing on risk assets. Despite the rebound, sentiment remains cautious. The Crypto Fear & Greed Index is at 30, meaning sentiment remains in the “fear” area.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
South Korean retail keeps buying ether hoarder BitMine despite 80% drop: Report
The company's pivot to building an ether treasury sparked a 3,000% rally, attracting attention from high-risk investors.
What to know:
- South Korean retail traders continue to invest heavily in BitMine Immersion Technologies despite an 80% stock decline from its July peak.
- BitMine ranks as the second most popular overseas equity among South Koreans, with a net $1.4 billion invested this year.
- The company's pivot to building an ether treasury sparked a 3,000% rally, attracting attention from high-risk investors.
Top Stories
