Just In: CZ Breaks Silence on BNB’s Latest Rally After Tariff-Induced Market Crash

Share This Post

BNB Price Hits $1,000 as Rumors of CZ’s Return to Binance Fuel Rally

The post Just In: CZ Breaks Silence on BNB’s Latest Rally After Tariff-Induced Market Crash appeared first on Coinpedia Fintech News

BNB has staged a sharp recovery after a volatile week that saw most major cryptocurrencies fall. The token rose more than 11% in the last 24 hours, trading near $1,267 at press time.

Market Rebounds After Tariff Shock

A surprise announcement of 100% U.S. tariffs on Chinese imports caused a short-term market crash, sending prices of major digital assets lower. However, BNB has bounced back faster than most, showing strength compared to other large-cap coins.

Analysts said the move shows the continued resilience of the BNB Chain (BSC) ecosystem, which remains active in development and user activity despite broader market stress.

CZ Addresses BNB’s Price Strength

Binance founder Changpeng Zhao (CZ) commented on BNB’s recent performance on social media. He said that unlike many other projects, BNB has no market makers influencing its price.

“Many projects have a market maker. BNB doesn’t. I am not aware of any of my affiliated entities buying or selling BNB in the past days or weeks,” CZ wrote. 

He added that BNB’s value comes from its builders, community, and deflationary token model, not coordinated trading or artificial support. BNB regularly burns tokens, reducing supply over time.

Technical Picture: Signs of a Short-Term Reversal

BNB dropped to as low as $863 during the market liquidation but quickly recovered above $1,200. On the 4-hour chart, the token has now broken above the EMA10 and MA20 levels, showing a possible short-term trend reversal.

If the price holds above $1,200, the next resistance zone sits between $1,300 and $1,360. Analysts say that staying stable above key moving averages will confirm stronger recovery momentum.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Why Bitcoin Isn’t a Digital Tulip — and Why It Will Never Be

Recent opinion pieces have drawn parallels between bitcoin and tulips because of the speculative frenzy surrounding the latter in the 1600s I explain why those comparisons are unfair and why

Bitcoin Market Records 21% Crash In November Trading Volume – What This Means For Price

Bitcoin’s (BTC) ongoing price correction has been accompanied by several other negative developments that continue to grab investors’ attention Most recently, market analyst Darkfost has observed

Central Bank of Argentina Mulls Allowing Banks to Offer Crypto Services

According to local media, the central bank is examining the possibility of issuing a new ruleset to allow banks to enter the cryptocurrency business Local analysts say this would open the door for

Bitcoin Market Profitability Hits ‘Complete Reset’ — What’s Next For Price?

Following a fresh wave of bearish pressure on Friday, December 5, the price of Bitcoin has struggled beneath the psychological 90,000 level for much of the weekend However, the latest on-chain data

Ease Up, Bitcoin Investors – No More Negative Days For BTC In 2025 

The cryptocurrency market has had a year filled with ups and downs, with most large-cap digital assets turning in mixed performances in 2025 After a rough start to the year, things started to look up

Crypto officially becomes a “third category” of property, fixing the fatal flaw in digital asset ownership.

The UK doesn’t pass many one-clause statutes that redraw the map of personal property, but that’s exactly what arrived with Royal Assent on Dec2 After years of academic papers, Law Commission