$BNB

BNB Price Surge: BNB recently hit $620 after a $2 billion investment from Abu Dhabi-based MGX.

Inflation Impact: Softer U.S. inflation data pushed BNB up 5.9% to around $595.

Binance's Strength: The MGX investment signals confidence in Binance despite regulatory challenges.

Market Volatility: BNB fluctuated between $550.58 and $596.53 in the past day.

Altcoin Rally: BNB’s rise aligns with Bitcoin and other altcoins surging past key levels.

Whale Activity: Large transactions suggest institutional investors are accumulating BNB.

Bullish Momentum: If trends continue, BNB may push past $600 in the coming days.