BNB Climbs 3.5% as Fed Rate Cut Bets Fuel Rally Past Key Resistance

BNB Climbs 3.5% as Fed Rate Cut Bets Fuel Rally Past Key Resistance

BNB rallied more than 3.5% in the last 24 hours, tracking broader gains across the crypto market as expectations of a Federal Reserve rate cut firmed.The token rose from a session low of $1,017.44 to more than $1,050, marking a breakout above key resistance levels in the session. The rise comes on the back of an unexpected drop in U.S. private payrolls that adds to a growing list of signals that the Fed may begin easing monetary policy sooner th…