🔥 BNB Rockets Past $1,130 After CZ Pardon — A New Era for Crypto?
BNB soared 5.3% in 24 hours, touching a new all-time high of $1,149, after news broke that Binance founder Changpeng Zhao (CZ) received a presidential pardon on October 23, 2025. With $5.61B in trading volume and a $157B market cap, BNB now firmly holds its spot as the 4th largest cryptocurrency.
The pardon was described as the “end of the war on crypto”, marking a potential regulatory turning point in the U.S. CZ’s statement — “I’ll help make the U.S. the Capital of Crypto” — electrified the community, with speculation that he may commit $1.8B toward U.S. crypto adoption.
Technically, BNB looks poised for continuation. After breaking the $1,000 barrier, traders see potential toward $1,200, backed by a Morning Star pattern. Support rests between $1,070–$1,100, with the MACD flashing Buy and RSI neutral (48) — hinting at a healthy consolidation before the next leg.
While excitement runs high, the Fear & Greed Index sits at 32 (“Fear”), and analysts caution that some of the news may already be priced in. A failure to hold above support could lead to a retest near $1,050.
BNB’s surge is more than a price move — it’s a sentiment shift. With CZ’s return and a possible thaw in U.S. crypto policy, the market’s narrative might just be rewriting itself.
