BNB price prediction: Binance Coin crosses $650 as Changpeng Zhao urges traders to buy Bitcoin before Trump


  • BNB price rebounded 4% in the last 24 hours as bulls look to keep price steady above the $650 psychological support level. 
  • BNB has witnessed increased social media traction amid Changpeng Zhao recent comments on the crypto industry and BNB-hosted projects. 
  • Weeks after denouncing memecoins, CZ urged investors to purchase Bitcoin as US government and institutions race to launch BTC strategic reserve.  


BNB price rebounded 4% in the last 24 hours as bulls look to hold the Binance native token steady above the $650 psychological support level. On-chain data shows BNB continues to dominate social media discourse amid recent viral market commentary from founder and ex-CEO Changpeng Zhao.

BNB price retakes $650 as court okays Binance return to US markets

Binance Coin (BNB) has recorded considerable gains this week as market interest returned to the crypto sector.

While the resumption of crypto trade discussions between the United States (US) and Russia lifted global financial market sentiment, the Binance ecosystem experienced another internal bullish catalyst.

On Wednesday, Binance US announced the resumption of deposits and withdrawals in US Dollars (USD), ending an 18-month hiatus amid a long-drawn-out legal battle with the US Securities and Exchange Commission (SEC).

Binance.US confirmed the full reactivation of its USD services, allowing American customers to deposit and withdraw funds via bank transfers (ACH), trade pairs in USD and link their bank accounts to the platform. This deployment will be gradual, enabling all eligible customers to access these services "in the coming days."

Binance Coin (BNB) Price Action  | BNBUSDT 

Binance Coin (BNB) Price Action  | BNBUSDT 

BNB price reacted positively to this major milestone, rising as high as $654 on Thursday—up 4% from the local bottom of $629 recorded on Tuesday.

Previously, Binance US was forced to restrict its operations due to what the company described as "extremely aggressive and intimidating tactics" from regulators.

The initial suspension led the exchange to temporarily reposition itself as a "crypto-only exchange," significantly limiting services for American users.

BNB media traction grows as Changpeng Zhao urges traders to avoid memes and buy Bitcoin before US Government

Binance Coin has recently gained positive momentum, largely due to renewed market interest in response to Binance US resuming USD services and diplomatic developments between the US and Russia.

However, on-chain data emphasizes other active bullish catalysts.

Santiment's Social Volume score, which tracks the level of media mentions a crypto project attracts relative to the top 50 trending assets, indicates heightened engagement surrounding BNB.

The increase in social media traction coincided with Changpeng Zhao’s recent commentary on the crypto industry and BNB-hosted projects.

 

Binance Coin  Price vs. Social Volume | BNBUSDTBinance Coin  Price vs. Social Volume | BNBUSD | Source: Santiment

 

When CZ first denounced the TST memecoin rumors on February 13, BNB's media mentions surged, reaching a four-month peak Social Volume score of 499.

Since then, BNB’s social volume has remained relatively high, hitting 209 on Wednesday, as CZ made another viral comment urging investors to purchase Bitcoin ahead of the US government and institutions launching a BTC strategic reserve.

Responding to an X post hinting at Montana becoming the fourth US regional government after Utah and Oklahoma to adopt a Strategic Bitcoin Reserve (SBR), CZ stated:

"You can buy bitcoins after the US government is done buying, or before. There is no other choice.."

- Chang Peng Zhao 

Binance’s US market re-entry could expand demand for BNB

The reactivation of Binance’s USD services could significantly increase BNB demand among US-based investors at a time when regulatory stances appear to be softening.

With government and institutional demand for crypto trading rising, Binance's return to US markets could create a favorable environment for increased liquidity and utility of the Binance Coin.

Additionally, Changpeng Zhao’s comments on the US strategic Bitcoin reserves could amplify demand for exchange-native tokens like BNB.

As institutions look to accumulate BTC, traders may increasingly turn to BNB as a strategic asset, bolstered by its role within the Binance ecosystem.

In the weeks ahead, continued regulatory clarity and heightened institutional participation in crypto markets could further strengthen BNB’s price outlook.

BNB price forecast: $700 breakout ahead if key support levels hold 

BNB price forecast suggests a potential breakout toward $700 if key support levels hold, as the market structure remains cautiously bullish.

The daily chart highlights BNB’s recent rebound from $629 to $655, marking a 4% recovery in the past 48 hours. 

BNB price remains above the psychological $650 level, indicating bulls' determination to establish a higher floor.

The upper Donchian Channel (DC)  band at $732 serves as a key resistance level, while the lower boundary at $500 represents a significant downside risk.

Binance Coin (BNB) price forecast 

Binance Coin (BNB) price forecast 

Despite the short-term rally, BNB faces mixed signals. The Bull-Bear Power (BBP) indicator remains negative at -0.71, showing that bearish pressure has not fully dissipated. 

However, the weakening red histogram bars suggest that sellers are losing momentum, potentially paving the way for further upside.

The recent volume surge of 905.97K in two days signals renewed market participation, which could support a breakout if buying pressure continues.

If bulls push BNB past $670, a move toward $700 becomes likely. Conversely, failure to hold $650 could expose the coin to a retest of $616.

A break below this level may accelerate losses toward the $500 support zone.
 


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

Bitcoin holds $87,000 as markets brace for volatility ahead of April 2 tariff announcements

Bitcoin holds $87,000 as markets brace for volatility ahead of April 2 tariff announcements

Bitcoin (BTC) holds above $87,000 on Wednesday after its mild recovery so far this week. A K33 Research report explains how the markets are relatively calm and shaping up for volatility as the market absorbs the tariff announcements. 

More Bitcoin News
Shiba Inu rallies as trading volume rises 228% amid increase in bullish bets

Shiba Inu rallies as trading volume rises 228% amid increase in bullish bets

Shiba Inu price extends its gains by 8% and trades at $0.000015 at the time of writing on Wednesday, rallying over 15% so far this week. On-chain data shows that SHIB’s trading volume rose 228% in the last 30 days, bolstering the platform’s bullish outlook.

More Shiba Inu News
BTC, ETH, and XRP could face volatility as Trump’s “Liberation Day” nears

BTC, ETH, and XRP could face volatility as Trump’s “Liberation Day” nears

Bitcoin (BTC) price hovers around $87,000 on Wednesday after recovering 4% in the last three days. Ethereum (ETH) and Ripple (XRP) find support around their key level, suggesting a recovery on the cards. 

More Cryptocurrencies News
BlackRock’s BUIDL fund launch on Solana platform while Fidelity files for spot Solana ETF

BlackRock’s BUIDL fund launch on Solana platform while Fidelity files for spot Solana ETF

Solana price hovers around $142 on Wednesday after recovering by 7% so far this week. BlackRock’s BUIDL fund launches on the Solana platform. Fidelity files for a spot Solana ETF with Cboe.

More Cryptocurrencies News
Bitcoin: BTC stabilizes around $84,000 despite US SEC regularity clarity and Fed rate stability

Bitcoin: BTC stabilizes around $84,000 despite US SEC regularity clarity and Fed rate stability

Bitcoin price stabilizes around $84,000 at the time of writing on Friday after recovering nearly 2% so far this week. The recent announcement by the US SEC that Proof-of-Work mining rewards are not securities could boost BTC investors' confidence. 

Read full analysis
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

BTC

ETH

XRP