Sentiment remains cautious, with the Crypto Fear & Greed Index at 30, indicating “fear” in the market.
By CD Analytics, Francisco Rodrigues|Edited by Sheldon Reback
Oct 20, 2025, 12:24 p.m.
- BNB, the native token of the BNB Chain, rose 1.4% in the last 24 hours, fueled by a surge in trading volume and a risk asset rally that saw bitcoin and the wider crypto market advance.
- Despite the rebound, sentiment remains cautious, with the Crypto Fear & Greed Index at 30, indicating “fear” in the market.
BNB, the native token of the BNB Chain, rose 1.4% in the last 24-hour period, despite sharp swings that saw its price move through a 7% range during a high-volume session, according to CoinDesk Research’s technical analysis data model.
The gain comes amid a risk-asset rally that saw bitcoin rise 2.6% in the last 24 hours, while the wider crypto market moved up 2.5% based on the CoinDesk 20 (CD20) index after U.S. President Donald Trump softened his stance on tariffs and amid signs the Federal Reserve may ease its quantitative tightening program in the near future.
STORY CONTINUES BELOW
BNB opened the session near $1,077 and climbed as high as $1,144 before paring gains. The advance coincided a surge in trading volume, which spiked to 128,847 tokens, nearly double the 24-hour average.
After a dip to around $1,090, buyers stepped in again before resistance capped the move near $1,144. BNB then saw a pullback as the token slipped from $1,128 to $1,122, reflecting waning momentum.
Last week, Coinbase added the token to its list of assets under review for full platform support, part of its newly launched “Blue Carpet” initiative aimed at expanding retail access to more tokens. Around the same time, China Merchants Bank International (CMBI) tokenized its U.S. dollar money market fund on the BNB Chain, issuing two tokens — CMBMINT and CMBIMINT — for accredited investors.
Traders are pricing in a 25 basis-point interest-rate cut from the Federal Reserve this month, while signs of easing trade tensions between the U.S. and China added to risk appetite.
On the other hand, growing geopolitical tensions are weighing on risk assets. Despite the rebound, sentiment remains cautious. The Crypto Fear & Greed Index is at 30, meaning sentiment remains in the “fear” area.
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.
More For You
Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent.
More For You
By James Van Straten, AI Boost|Edited by Jamie Crawley
53 minutes ago
The company financed the acquisition by raising $18.8 million through the issuance of various perpetual preferred shares and common stock
What to know:
- Strategy purchased purchased 168 BTC at an average price of $112,051, bringing total holdings to 640,418 BTC.
- MSTR shares rise 3% in pre-market trading, trading just below $300 per share.
- The stock remains negative on a year-to-date basis, compared to bitcoin’s 19% gain.
