{"id":37044,"date":"2025-07-15T16:32:25","date_gmt":"2025-07-15T16:32:25","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37044"},"modified":"2025-07-15T16:32:25","modified_gmt":"2025-07-15T16:32:25","slug":"bnb-slips-nearly-2-as-traders-cash-out-after-run-higher","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37044","title":{"rendered":"BNB Slips Nearly 2% as Traders Cash Out After Run Higher"},"content":{"rendered":"<div>\n<p>BNB fell nearly 2% over the past 24 hours as crypto traders rushed to lock in profits, with the token dropping to now trade around the $680 mark after briefly touching $700.<\/p>\n<p>The slide mirrors broader market jitters after bitcoin (BTC) surged to a record above $120,000, prompting a wave of profit-taking that brought the cryptocurrency back down to $116,000 at the time of writing.<\/p>\n<p>The profit-taking trend also comes at a time in which inflation grew to 2.7% in June, as measured by the Consumer Price Index. It\u2019s up from a 2.4% annual increase in May,<a href=\"https:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\"> according to the Bureau of Labor Statistics<\/a><\/p>\n<p>For hours, BNB oscillated within a narrow $23 corridor, bouncing between $698.72 and $675.47,\u00a0according to CoinDesk Research&#8217;s technical analysis model. Buyers showed up near $675, helping stem the slide with a burst of volume exceeding 134,000 tokens traded as prices hit session lows. BNB has since clawed back some ground.<\/p>\n<p>Technical signals remain mixed. A downtrend persists, capped by resistance at $690 to $695, a zone where earlier support has flipped into selling pressure.<\/p>\n<p>Yet surges in trading activity hint at possible accumulation, as seen in a brief spike of over 1,600 tokens traded in a four-minute window. Various <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/11\/bnb-climbs-toward-700-as-1b-token-burn-and-corporate-treasury-plans-fuel-demand#:~:text=top%20of%20this%2C-,over%2030,-teams%20are%20reportedly\">companies<\/a> have indeed moved to adopt a BNB treasury reserve.<\/p>\n<p>The volatility comes as BNB celebrates its eighth anniversary, a milestone that underscores its journey. It\u2019s also recently undergone a<a href=\"https:\/\/bscscan.com\/tx\/0x6e8b15a99eac623219c6439f95810a6cc8dccd8c15aea648ce17f45f57601065\"> $1 billion token burn.<\/a><\/p>\n<p>BNB is also benefitting from<a href=\"https:\/\/blog.ondo.finance\/bnb-chain-joins-ondo-global-markets\/\"> BNB Chain joining<\/a> the Ondo Global Markets Alliance to bring tokenized securities, which include U.S. stocks, ETFs, and funds, to its network.<\/p>\n<p>Whether BNB can break above resistance, or sink lower if profit-taking continues, could shape sentiment for the broader crypto market in coming days.<\/p>\n<p><strong>Disclaimer:\u00a0<\/strong>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to\u00a0<a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see\u00a0<a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BNB fell nearly 2% over the past 24 hours as crypto traders rushed to lock in profits, with the token dropping to now trade around the $680 mark after briefly touching $700. The slide mirrors broader market jitters after bitcoin (BTC) surged to a record above $120,000, prompting a wave of profit-taking that brought the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37044","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37044"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37044\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}