$BNB Today, there were important developments regarding Binance Coin (BNB). Recently, the value of BNB continues to increase thanks to Binance's expansion of its compliance team and the positive atmosphere in the markets. With this increase, the price of BNB has shown a significant recovery in the last three weeks, reaching $574.93. This increase is supported especially by the moves made by Binance in the field of legal compliance. Binance plans to expand its compliance team by 20%, which could help the platform attract more users and institutional investors.

In addition, the signals that the US Federal Reserve may lower interest rates had a positive effect on the cryptocurrency markets. Another factor supporting the price of BNB was the liquidation of short positions in the futures market. However, technical analysis also shows that BNB may experience a decline if it cannot maintain its current levels.#BNB #Binance