Binance’s BNB coin is one of the few cryptocurrencies among the top 10 projects by market cap to hit a new all-time high in 2025, along with Bitcoin (BTC), Ethereum (ETH), and Ripple’s XRP token. BNB climbed to a new peak of $899.77 on Aug. 22 of this year. According to CoinGecko data, BNB’s price is down by just less than 2% from its all-time high price levels. BNB is currently showing signs of a sustained rally. Let’s discuss if BNB can hit $900 this week.
Can Binance Coin (BNB) Hit a New All-Time High of $900 This Week?
Binance’s BNB coin is trading in the green zone across all time frames. According to CoinGecko data, the asset has rallied 0.8% in the last 24 hours, 3.4% in the last week, 4.7% in the 14-day charts, and 9.9% over the previous month. The asset could be entering another bullish phase, following Bitcoin (BTC) reclaiming the $113,000 price point today.
The latest market rally could be a reaction to the high probability of an interest rate cut after the Federal Reserve’s next meeting. We may be heading for a 25 basis point interest rate reduction very soon. Investors are likely pricing in the anticipated rate cut. A rate cut may lead to another bull run for Binance coin and the larger crypto market.
According to CoinCodex analysts, Binance Coin will face a dip to around $825 before rallying to a new all-time high. The platform anticipates BNB to trade at $967.21 on Oct. 4. Hitting $967. 21 from current price levels will translate to a rally of about 9.59%. CoinCodex further anticipates the asset to breach the $1000 mark by Nov. 20.
Also Read: BNB Price: $1000 Incoming? Traders Should Not Ignore This Forecast
There is also always the possibility that the market will not turn out the way we expect. Unforeseen challenges could appear. Geopolitical tensions or trade war-related issues could shake up the market. Fresh volatility could suddenly seep in. Such scenarios could hamper Binance Coin’s pursuit of a new all-time high.