BNB Breaks $687 Barrier as Crypto Attracts Investors Seeking Protection from Global Risks

As global trade frictions intensify, Binance Coin (BNB) is capturing investor attention, surging past the $687 resistance level amid rising demand for crypto as a hedge against macroeconomic uncertainty.

The rally comes as risk assets across traditional markets face mounting pressure. With inflation fears and shifting monetary policies stoking volatility, capital is rotating into digital assets — and BNB is emerging as one of the biggest beneficiaries.

Technical Picture:

• BNB pierced through the $687.50 resistance level in early Thursday trading, topping out at $691.06 and converting prior resistance into a new support zone around $688.70.
• The breakout was fueled by a volume surge during the 23:00 to 00:00 UTC window, with over 45,000 units traded — a clear sign of bullish momentum.
• Despite a brief pullback from its local high of $690.11 to $688.87, the retracement remained shallow, reinforcing underlying strength.
• A quick intrahour rally to $689.85 was met with resistance, followed by a minor dip to $689.13, likely due to short-term traders locking in gains on elevated volume.

BNB’s performance reflects a broader shift as crypto regains footing as a portfolio diversifier in times of geopolitical and economic stress. If volume and trend strength persist, BNB could be gearing up for a push toward fresh yearly highs.