Binance Coin Hits New Record High at $899.70, Fueled by Powell’s Bullish Outlook

Binance Coin (BNB) has surged to a new all-time high of $899.70, marking an impressive milestone in its upward trajectory. This bullish movement is driven primarily by the recent speech of Federal Reserve Chair Jerome Powell, who signaled a likely rate cut at the upcoming FOMC meeting. The market anticipates this move, contributing to the sustained rise in cryptocurrency prices and BNB’s performance. This surge comes after several previous ATHs in the last few weeks, further bolstering investor confidence and expectations of more substantial price targets in the near future.