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                                                                                        <p dir="ltr">Let's take a look at Binance Coin (BNB), which is showing an interesting trend in today's ever-changing crypto market.  Over the past day, BNB has bounced back noticeably, suggesting that the recent selling pressure we saw earlier might be easing up, assuming this continues.</p> <h2>Binance Coin progresses from sell-off to stabilization</h2><p dir="ltr">Looking at <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/currencies/bnb/"><u>data</u></a> from CoinMarketCap, we can see that BNB initially dipped to $535.62 as the broader market sell-off reached its peak for the day. However, as trading activity picked up, the coin recovered almost $30 and managed to push through several resistance levels.</p><p dir="ltr">This price recovery suggests that BNB might be gearing up for another breakout if it can shake off this selling trend for good.  We did see another wave of sell-offs emerge, which unfortunately pushed back its earlier attempt to climb towards $600, halting it at that price point.</p><div class="article__related">
                      <p>Related</p>
                      <div class="category-item"><img alt="Binance Lists Five New Coins But Delists Three: Details" class="category-item__img" src="https://u.today/sites/default/files/styles/300/public/2025-03/56862.jpg" width="240" height="136"/>

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                    </div><p dir="ltr">Going into April, many analysts had been anticipating that BNB could actually lead the charge in an <u>altcoin rebound</u>.  There was a clear and consistent increase in its trading volume around that time, and market watchers were hoping this would give it the boost needed to reclaim that $600 level.</p><p dir="ltr">As of right now, the price of BNB is hovering around $561.80, which is a slight increase of 0.17% over the last 24 hours.  While this price point is noteworthy, its trading volume has actually decreased by 3.45%, currently sitting at $1.79 billion within the same 24-hour window.</p><figure><img alt="Article image" src="https://u.today/sites/default/files/inline-images/BNB_1D_graph_coinmarketcap%20%282%29.jpeg" data-entity-uuid="4b43a9d9-4d2e-4021-807b-787f8ae54bc5" data-entity-type="file"/><figcaption><a rel="nofollow" target="_blank" href="https://coinmarketcap.com/currencies/bnb/">BNB 1D Chart. Source: CoinMarketCap</a></figcaption></figure><p dir="ltr">This could be interpreted as investors still being a bit cautious about this price recovery.  A renewed surge of interest from BNB investors might be just what's needed to really kickstart its current rebound attempt.</p><h2>CZ’s new role and spotlight for BNB</h2><p dir="ltr">Beyond just price movements, the Binance ecosystem itself is also in the news.  The leading trading platform recently shared its plans to remove seven trading pairs from their exchange in an effort to maintain a healthy and high-quality crypto market.  As <a href="https://u.today/sites/default/files/styles/300/public/2025-02/56181.jpg"><u>reported</u></a> by U.Today, these delistings are scheduled to take place on April 11, 2025.</p><div class="article__related">
                      <p>Related</p>
                      <div class="category-item"><img alt="Binance Coin (BNB) Price Prediction 2025" class="category-item__img" src="https://u.today/sites/default/files/styles/300/public/2025-02/56181.jpg" width="240" height="136"/>

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                    </div><p dir="ltr">In other interesting news, Changpeng "CZ" Zhao, who founded Binance, <u>has been appointed</u> as a strategic advisor in Pakistan. CZ will be providing guidance to the country's newly formed Crypto Council on strategies for cryptocurrency adoption.</p><p dir="ltr">This appointment of CZ has further put Binance Coin in the spotlight, and this increased attention could definitely play a positive role in its current attempt at a bullish reversal.</p>

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Source: u.today