Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
BNB at $860 lags broader market as scrutiny
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
BNB at $860 lags broader market as scrutiny
BNB at $860 lags broader market as scrutiny of Binance grows
BNB at $860 lags broader market as scrutiny of Binance grows
An FT report alleged Binance failed to stop suspicious transactions, despite agreeing to pay $4.3 billion to settle a U.S. criminal case in 2023.
By CD Analytics, Francisco Rodrigues|Edited by Nikhilesh De
Updated Dec 22, 2025, 5:48 p.m. Published Dec 22, 2025, 5:32 p.m.
"BNB surges 1.7% past $860 on strong volume, signaling institutional demand amid market volatility."
What to know:
- The price of BNB rose 1.7% in 24 hours, breaking past the $860 resistance level, despite underperforming the wider cryptocurrency market.
- The underperformance came amid an FT investigation alleging Binance failed to stop suspicious transactions, despite agreeing to pay $4.3 billion to settle a U.S. criminal case in 2023.
- BNB is currently 32% below its all-time high of $1,360, while other exchange tokens like KCS and LEO have shown more resilient performance, down far less from their all-time highs.
The price of BNB moved up over 1.7% in the last 24 hours amid a cryptocurrency market rise that saw the wider CoinDesk 20 (CD20) index move up 2.2% in the same period.
The price broke past the $860 resistance level that had capped recent rallies and briefly touched $868 before seeing a slight pullback.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
BNB underperformed the wider cryptocurrency market at a time in which the Financial Times published an investigation saying Binance “failed to stop hundreds of millions of dollars of cryptocurrency from flwoing through suspicious acccounts.” These failures, it says, came even after it agreed to pay $4.3 billion to settle a U.S. criminal case.
Trading volume jumped 192% above the daily average, according to CoinDesk Research's technical analysis data model, with several peaks seen as the price approached support levels.
Three separate bursts of volume above confirmed momentum behind the move and helped establish new support around $856–$858.
The hourly chart revealed a V-shaped recovery after an early dip to $851, with buyers stepping in aggressively and pushing prices back above $863. From there, an ascending triangle formed between $864.00 and $865.80, a pattern often linked with bullish continuation.
BNB remains 32% below its all-time high of $1,360. Other exchange tokens, KCS and LEO, are down far less from their all-time highs, showing resilient performance according ot CryptoQuant data.
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.
AI Market InsightsTechnical AnalysisBNB
More For You
State of the Blockchain 2025
Commissioned byInput Output Group
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.
View Full Report
More For You
Crypto prices again muted as gold surges to new record, U.S. stocks advance
Bitcoin for the moment was unable to hold the $90,000 level reached prior to the U.S. market open.
What to know:
- Crypto prices are slipping a little during the U.S. trading session as precious metals and stocks move higher.
- The AI trade remains strong, with bitcoin miners who have pivoted business models moving sharply higher.
- Both gold and silver hit new records Monday and one analyst said bitcoin can't rally until those metals cool.
Read full story
Latest Crypto News
Crypto prices again muted as gold surges to new record, U.S. stocks advance
Coinbase agrees to buy The Clearing Company to deepen prediction markets push
ETHZilla sells $74.5 million of ether in effort to trim debt load
U.S. bipartisan lawmakers draw up tax bill with stablecoin and staking relief
BlackRock names bitcoin ETF a top 2025 theme despite price slump
CME loses top spot to Binance in bitcoin futures open interest as institutional demand wanes
Top Stories
Crypto prices again muted as gold surges to new record, U.S. stocks advance
Coinbase agrees to buy The Clearing Company to deepen prediction markets push
BitMine buys $300 million in ether, crossing 4 million ETH treasury milestone
U.S. bipartisan lawmakers draw up tax bill with stablecoin and staking relief
Strategy pauses bitcoin buys, boosting cash reserve by $748 million last week
BlackRock names bitcoin ETF a top 2025 theme despite price slump
Market Opportunity
Binance Coin Price(BNB)
$851.89
$851.89$851.89
USD
Binance Coin (BNB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Monero price faces downside risk as rebound volume fades at key support zone
Monero price slid on heavy selling into nearby support after multiple failed rebounds, with weak bounce volume and neutral RSI leaving room for further volatility
Share
Crypto.news2025/12/23 18:01
Mind Network, in partnership with Zama, launched the first A2A privacy payment solution x402z based on fully homomorphic encryption (FHE).
PANews, December 23 – Mind Network announced the launch of its encrypted A2A (Agent-to-Agent) payment solution, x402z. This solution, a deep collaboration between
Share
PANews2025/12/23 17:55
How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings
The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48