Crypto Markets Struggle Under Fed Pressure and Dollar Strength; BNB Leads Declines

BNB Drops Below $770 as Macro Pressures Mount; Corporate Treasury Interest Grows

BNB fell more than 4% to $766 on Thursday, extending losses as global risk appetite faltered under pressure from rising U.S. tariffs, a stronger dollar, and sticky inflation data that may delay interest rate cuts. The token had previously faced resistance near $805 and broke key technical support at $789 and $777, accompanied by a notable surge in trading volumes.

The U.S. dollar index climbed past 100 after June’s core PCE inflation rose 2.8% year-over-year, tempering hopes for an imminent Federal Reserve pivot. Meanwhile, the introduction of new trade tariffs aligned with former President Donald Trump’s campaign proposals added further stress to global markets.

Broader crypto assets followed suit, with the CoinDesk 20 Index (CD20) down 5.8% on the day, reflecting widespread weakness across majors.

Despite short-term pressure, BNB’s institutional adoption narrative continues to strengthen. CEA Industries (VAPE), supported by Binance founder CZ’s Yzi Labs, announced plans to raise $1.2 billion to build a BNB-centric corporate treasury.

The move comes amid similar strategies by other public companies. Liminatus Pharma (LIMN) revealed a $500 million allocation plan, Windtree Therapeutics (WINT) is targeting $700 million, and Nano Labs recently acquired 128,000 BNB directly for its reserve diversification.

Although macro headwinds are likely to weigh on sentiment near term, sustained balance-sheet demand may provide a longer-term backstop for BNB’s valuation.