Binance’s BNB Coin Reclaims $700: Is $1000 Next?
Binance’s BNB coin has reclaimed the $700 price level for the first time since June 1, 2026. CoinGecko data shows that BNB’s price has risen by 18.1% in the 14-day charts and nearly 23% in the monthly charts. Let’s discuss why BNB is up today and if the coin can hit the $1000 mark next.
What’s Pushing Binance’s BNB Coin?
BNB price upswing comes amid a larger market-wide rally. The cryptocurrency market experienced one of its most significant rebounds of 2026. The market was struggling for most of this year, but things turned for the better after President Trump’s cryptocurrency event at the White House. Trump gathered several CEOs and industry heavyweights to push his administration’s pro-crypto outlook. Trump also stated that the US plans to buy a large chunk of cryptocurrencies soon. The statement led to a massive surge in investor sentiment. BNB and other cryptocurrencies saw a massive price spike in the days following the White House event.
