Binance Coin (BNB) Surges Toward $700 as Bullish Momentum Builds

Binance Coin (BNB) has demonstrated strong bullish momentum, reaching a seven-day high of $673 amid sustained buying pressure. This marks its fifth consecutive daily gain, fueled by positive derivatives activity and Bitcoin''s stability above $109,000. The cryptocurrency rebounded 6% from last Thursday''s support level of $637, indicating strengthening demand. Technical indicators, including the MACD histograms and RSI, suggest further upside potential, with long lower wicks on intraday candles reinforcing the bullish sentiment. As of June 12, 2025, BNB appears poised to challenge the $700 resistance level if the current trend continues.

Binance Coin (BNB) Eyes $700 Amid Sustained Bullish Momentum

Binance Coin surged to a seven-day high of $673 as bullish derivatives activity and Bitcoin''s stability above $109,000 fueled its fifth consecutive daily gain. The 6% weekly rebound from last Thursday''s $637 support suggests strengthening demand, with technical indicators now favoring upside continuation.

MACD histograms show weakening bearish pressure as RSI climbs past neutral territory. Long lower wicks on intraday candles reveal persistent bid support NEAR $665—a level that now serves as critical short-term defense against retesting the $637 zone.

Market structure points toward the $700 psychological barrier as the next logical target, though derivatives traders appear divided. Open interest fluctuations suggest speculative positioning is heating up amid the coin''s volatile recovery.

Binance Now Live in Syria After Sanctions Lifted

Syrian residents gain access to Binance following the lifting of U.S. sanctions, marking a pivotal moment for financial inclusion in the war-torn nation. The platform''s full suite of services—from spot trading to cross-border payments—is now available, accompanied by Arabic-language educational resources.

The reopening ends years of exclusion from global crypto markets, where Syrians previously relied on informal channels to preserve wealth amid currency collapse. Binance''s entry could reshape local finance, offering alternatives to remittance networks and inflation-ravaged savings.