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The BNB value slid 1.8% previously 24 hours to commerce at $1009.46 as of three:17 a.m. EST after its official X account was compromised
That prompted an pressing alert from Binance co-founder Changpeng “CZ” Zhao.
“Please don’t click on on any hyperlinks lately posted from this account,” Zhao wrote. “The groups are investigating and can share updates as quickly as attainable.”
The unauthorized hyperlink invited customers to vote on an “upcoming BSC rewards date,” falsely promising early BSC rewards to those that participated inside the first 24 hours.
ALERT 🚨: The @BNBCHAIN X account might have been compromised.
Please don’t click on on any hyperlinks lately posted from this account.
The groups are investigating and can share updates as quickly as attainable. 🙏
— CZ 🔶 BNB (@cz_binance) October 1, 2025
The fraudulent hyperlink appeared shortly after Zhao mentioned the account belonging to BNB Chain “might have been compromised.”
An unidentified occasion additionally hacked the English X account.
“At present, the English official Twitter account of BNBCHAIN has been hacked,” wrote the Chinese language language account. ”We’re urgently engaged on a repair. Please don’t click on on any hyperlinks!”
Now @BNBCHAIN The English official advice has been stolen and we’re in an emergency restore. Please don’t click on on any hyperlinks!
— BNB Chain Chinese language (@BNBCHAINZH) October 1, 2025
Some customers underneath CZ’s feedback part are already asking if there shall be compensation or assist for victims who’ve by chance related their wallets.
Nevertheless, the BNB staff subsequently introduced that they’d regained full management over the account.
Replace on Account Safety Incident
We’re again! The staff has regained full entry of the @BNBCHAIN account.
The foundation reason for this breach continues to be underneath energetic investigation and we are going to share the updates as quickly as we will. The estimated injury is $8K and the victims shall be…
— BNB Chain (@BNBCHAIN) October 1, 2025
The BNB value took a plunge even because the crypto market capitalization returned to $4 trillion. Can the worth of the Binance Coin get well?
BNB Worth Uptrend Features Momentum Regardless of The Slight Correction
The BNB value reveals a robust continuation of bullish momentum, with the market steadily climbing above key technical ranges.
Over the previous few months, the Binance Coin on the every day chart has shaped an Elliott Wave sample, now showing to be within the midst of its fifth impulsive wave.
After consolidating earlier within the yr, the worth of BNB broke out of an extended interval of sideways motion in June and entered a sustained uptrend. Every corrective pullback since then has revered key Fibonacci retracement ranges, indicating that patrons stay firmly in charge of the market route.
At present, BNB is buying and selling round $1,009, holding above each the 50-day and 200-day Easy Transferring Averages (SMAs).
Binance Coin value additionally seems to be shifting inside a rising channel, with every greater excessive and better low reinforcing the continued pattern.
The Fibonacci retracement ranges additional assist the construction, with the 0.382 stage at $912 appearing as a notable assist zone. From a chart sample perspective, the continuation of impulsive waves factors towards a sustained climb except sellers drive a reversal at main resistance ranges.
Binance Coin Indicators Sign Room For Development Regardless of Resistance
Inspecting the most important indicators, the Relative Energy Index (RSI) at present stands at 59, positioning the Binance Coin in a neutral-to-bullish zone. Importantly, the RSI isn’t but overbought, leaving room for added upward motion earlier than momentum dangers changing into overheated.
Wanting ahead, the Elliott Wave depend initiatives that the present fifth wave may goal the $1,080 stage, with potential extensions reaching as excessive as $1,352, which aligns with the -0.618 Fibonacci extension.
If momentum continues and quantity helps the breakout, BNB may rally 33% from the present stage. Nevertheless, a failure to carry above the $912–$976 assist band might set off a deeper pullback towards the $860–$808 area.
Nevertheless, Altcoin Serpa on X asserts that the Binance Coin “has been the strongest main to get well so removed from the latest crypto dump,” including that one other rally later within the yr is feasible.
$BNB has been the strongest main to get well so removed from the dump. I feel this one goes greater afterward pic.twitter.com/7uHuf0YeVT
— Altcoin Sherpa (@AltcoinSherpa) September 29, 2025
Analyst Ali Martinez additionally affirmed that the BNB token “nonetheless has many legs up.”
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