BNB Dips Below $770 as Macro Pressure Mounts, but Treasury Demand Grows
BNB fell over 4% to $766 Thursday amid mounting macroeconomic headwinds, including a stronger U.S. dollar, fresh tariffs, and shifting Federal Reserve expectations. The drop came after a rejection near $805, with trading volumes surging 56% above average as the token broke through support at $789 and $777.
The U.S. dollar index climbed above 100 for the first time since May following a hotter-than-expected core PCE reading (+2.8% YoY), reducing odds of near-term Fed easing. Meanwhile, the first wave of new tariffs under former President Trump’s proposed policy agenda began taking effect, sparking risk-off flows across crypto and equities.
The CoinDesk 20 Index (CD20) dropped 5.8% during the same stretch, with BNB’s losses mirroring broader weakness.
Despite price pressure, institutional appetite for BNB appears to be growing. CEA Industries (VAPE), backed by Binance founder CZ’s Yzi Labs, said it aims to raise up to $1.2 billion to establish a sizable BNB treasury.
Other companies are also moving in: Liminatus Pharma (LIMN) launched a $500 million BNB initiative; Windtree Therapeutics (WINT) plans to build a $700 million reserve; and Nano Labs disclosed the purchase of 128,000 BNB to diversify its balance sheet.
While macro conditions may limit upside in the near term, rising capital allocations from corporate treasuries suggest BNB is gaining favor as a strategic digital reserve asset.
