BNB slips below 860 USD as traders brace for U.S. Jobs data

In the past 24 hours, BNB traded between 849.88 USD and 868.76 USD, following a previous peak of 900 USD. However, the upward momentum waned, facing resistance around 867-868 USD. As interest rates are uncertain ahead of U.S. Jobs data, market reactions are anticipated.

Despite the price decline, BNB Chain has seen daily active wallet addresses exceed 2.5 million, reflecting heightened network activity. However, transaction volumes have been on a consistent downward trend since late June, indicating possible trading uncertainties.

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