BNB has experienced a notable increase, rising 2.4% in the past day and 19.2% over the month, currently trading close to $1,130. Analysts predict that BNB could reach a new all-time high of $1,243 by December, although they caution that profit-taking and macroeconomic factors might cause a short-term pullback.
The overall cryptocurrency market cap has rebounded to $4 trillion, driven by expectations of further interest rate cuts, which could continue to influence market dynamics positively.
BNB Nears $1,130 with Strong Monthly Gains
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