BNB Token Climbs 2.1% Amid Market Volatility, Defends $600 Support as Upgrades Fuel Optimism

BNBUSDT experienced a 2.10% price increase over the last 24 hours, rising from a 24h open of $610.16 to a current price of $622.95. This upward movement follows a period of volatility driven by broader market reactions to recent geopolitical events, including the closure of the Strait of Hormuz, which triggered liquidations and the closing of leveraged positions across major cryptocurrencies. Despite recent bearish signals and technical resistance near the $645 level, BNB has shown resilience, supported by strong buying interest at the $600 support zone and anticipation around ongoing BNB Chain upgrades. The current market capitalization is approximately $83.07 billion, and BNB remains among the top five cryptocurrencies by market cap, with consistently high trading volumes and defensive price action at key support levels.