The post All-Time High Alert: BNB Smashes $1,111 Barrier – Details appeared on BitcoinEthereumNews.com. According to on-chain metrics, BNB climbed to a record high of $1,111 and traded around $1,110 after an 8% jump in the past 24 hours. Data shows nearly $400 million in positions were liquidated across the BNB market in the last day, with close to $270 million of that coming from short positions and $127 million from long positions. Liquidations And Short Squeeze The heavy liquidation figure points to a sharp and fast move that forced leveraged traders out of the market. Short sellers bore the brunt, which helps explain the sudden surge. Rapid liquidations can push a price higher quickly, and that kind of move often brings extra volatility right after the spike. The token has gained 17% over the last seven days and has doubled in value over the past 12 months. Reports have disclosed that trading activity now dominates BNB Chain, and such sudden flows often feed momentum traders and bots. ATH szn in full swing 1 BNB = $1111 pic.twitter.com/69l8eEPgY3 — BNB Chain (@BNBCHAIN) October 3, 2025 Macro Signals And Rate Expectations Based on market coverage, broader market forces have also been at play. An unexpected ADP payroll print showed a decline of 32,000 jobs in September versus forecasts calling for a 50,000 gain. Official US employment data took a timeout amid stoppage of government functions, leaving traders to weigh partial signals. The CME FedWatch tool put the odds at about 97% for a 25 bps rate cut at the October 29 Fed meeting, and it flagged another potential cut at the December 10 meeting. Those shifting rate expectations appear to have pushed some investors toward assets like gold and cryptocurrencies. Network Changes And Fee Cuts BNB Chain’s own moves helped the rally. Validators cut the minimum gas fee from 0.1 Gwei to 0.05 Gwei earlier… The post All-Time High Alert: BNB Smashes $1,111 Barrier – Details appeared on BitcoinEthereumNews.com. According to on-chain metrics, BNB climbed to a record high of $1,111 and traded around $1,110 after an 8% jump in the past 24 hours. Data shows nearly $400 million in positions were liquidated across the BNB market in the last day, with close to $270 million of that coming from short positions and $127 million from long positions. Liquidations And Short Squeeze The heavy liquidation figure points to a sharp and fast move that forced leveraged traders out of the market. Short sellers bore the brunt, which helps explain the sudden surge. Rapid liquidations can push a price higher quickly, and that kind of move often brings extra volatility right after the spike. The token has gained 17% over the last seven days and has doubled in value over the past 12 months. Reports have disclosed that trading activity now dominates BNB Chain, and such sudden flows often feed momentum traders and bots. ATH szn in full swing 1 BNB = $1111 pic.twitter.com/69l8eEPgY3 — BNB Chain (@BNBCHAIN) October 3, 2025 Macro Signals And Rate Expectations Based on market coverage, broader market forces have also been at play. An unexpected ADP payroll print showed a decline of 32,000 jobs in September versus forecasts calling for a 50,000 gain. Official US employment data took a timeout amid stoppage of government functions, leaving traders to weigh partial signals. The CME FedWatch tool put the odds at about 97% for a 25 bps rate cut at the October 29 Fed meeting, and it flagged another potential cut at the December 10 meeting. Those shifting rate expectations appear to have pushed some investors toward assets like gold and cryptocurrencies. Network Changes And Fee Cuts BNB Chain’s own moves helped the rally. Validators cut the minimum gas fee from 0.1 Gwei to 0.05 Gwei earlier…

All-Time High Alert: BNB Smashes $1,111 Barrier – Details

According to on-chain metrics, BNB climbed to a record high of $1,111 and traded around $1,110 after an 8% jump in the past 24 hours.

Data shows nearly $400 million in positions were liquidated across the BNB market in the last day, with close to $270 million of that coming from short positions and $127 million from long positions.

Liquidations And Short Squeeze

The heavy liquidation figure points to a sharp and fast move that forced leveraged traders out of the market. Short sellers bore the brunt, which helps explain the sudden surge.

Rapid liquidations can push a price higher quickly, and that kind of move often brings extra volatility right after the spike.

The token has gained 17% over the last seven days and has doubled in value over the past 12 months.

Reports have disclosed that trading activity now dominates BNB Chain, and such sudden flows often feed momentum traders and bots.

Macro Signals And Rate Expectations

Based on market coverage, broader market forces have also been at play. An unexpected ADP payroll print showed a decline of 32,000 jobs in September versus forecasts calling for a 50,000 gain.

Official US employment data took a timeout amid stoppage of government functions, leaving traders to weigh partial signals. The CME FedWatch tool put the odds at about 97% for a 25 bps rate cut at the October 29 Fed meeting, and it flagged another potential cut at the December 10 meeting.

Those shifting rate expectations appear to have pushed some investors toward assets like gold and cryptocurrencies.


Network Changes And Fee Cuts

BNB Chain’s own moves helped the rally. Validators cut the minimum gas fee from 0.1 Gwei to 0.05 Gwei earlier this week, following prior reductions that moved fees from 3 Gwei to 1 Gwei in April 2024 and then to 0.1 Gwei in May 2025.

Block intervals were tightened from 750 milliseconds to 450 milliseconds, and proposals now aim for per-transaction fees near $0.005 with a longer-term target of $0.001.

Validators say staking APY has stayed above 0.5%, and they argued lower fees help keep trading activity strong. Trading-related transactions reportedly grew from about 20% at the start of 2025 to 67% by June.

Sovereign Interest And Market Positioning

Meanwhile, Kazakhstan’s state-backed Alem Crypto Fund named BNB as its first investment asset. The Ministry of Artificial Intelligence and Digital Development set up the reserve, while the Qazaqstan Venture Group, under the Astana International Financial Centre, manages the fund.

No purchase amount was disclosed. A state-linked decision to hold BNB adds a public-facing validation that could matter to some institutional and regional players.

Featured image from Nicolas Martinez, chart from TradingView

Source: https://www.newsbtc.com/altcoin/all-time-high-alert-bnb-crosses-1111-barrier-details/

Market Opportunity
Binance Coin Logo
Binance Coin Price(BNB)
$892,54
$892,54$892,54
+0,07%
USD
Binance Coin (BNB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
While Bitcoin Stagnates, Gold Breaks Record After Record! Is the Situation Too Bad for BTC? Bloomberg Analyst Explains!

While Bitcoin Stagnates, Gold Breaks Record After Record! Is the Situation Too Bad for BTC? Bloomberg Analyst Explains!

Jim Bianco argued that Bitcoin's adoption narrative has lost strength, while Bloomberg analyst Eric Balchunas maintained that BTC is still in good shape. Continue
Share
Coinstats2026/01/24 01:53
Your Closet Is Worth More Than You Think. Vinted Is Here to Prove It

Your Closet Is Worth More Than You Think. Vinted Is Here to Prove It

Europe’s leading fashion resale app, Vinted, has landed in New York, ready to help people turn their unworn clothes into cash and make space at home. One in five
Share
AI Journal2026/01/24 02:31