Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BNB Breaks $1,200 ATH: Will It Reach $1,500?

BNB Breaks $1,200 ATH: Will It Reach $1,500?

CoinspeakerCoinspeaker2025/10/05 16:00
By:By Wahid Pessarlay Edited by Julia Sakovich

BNB just reached a new record price, and now analysts are expecting the $1,500 mark as the next price point amid calls for Uptober.

Key Notes

  • BNB reached an all-time high of $1,220 on October 6.
  • Some analysts expect the token’s price to break above $1,500.
  • BNB’s RSI is still in the neutral zone despite the massive two-month price rally.

October started with bullish expectations for Bitcoin BTC $123 785 24h volatility: 0.8% Market cap: $2.47 T Vol. 24h: $57.38 B and the broader altcoin market. The current fear of missing out pushed BNB BNB $1 210 24h volatility: 3.0% Market cap: $168.39 B Vol. 24h: $2.79 B to a new all-time high.

BNB gained 3% over the past 24 hours and reached an ATH of $1,220 at around 06:35 UTC on Oct. 6. The asset’s market cap reached $170 billion, getting close to USDT’s $179 billion value.

Notably, BNB’s rally didn’t start overnight. The asset recorded a 60% price rally over the past two months.

With the current FOMO, some analysts believe that BNB could push further, market the $1,500 zone as the next psychological target.

#Binance just cracked the $1200 mark — and that sound you hear? That’s the gates to $1500 creaking open pic.twitter.com/YxuzVTZMCi

— DownToCryptoTA (@DownToCryptoTA) October 6, 2025

However, it should be noted that it takes more than just FOMO for BNB to break above $1,500 since its market value would need to reach above $208 billion. This would make it the third-largest digital asset in the market, surpassing XRP XRP $2.99 24h volatility: 2.2% Market cap: $178.90 B Vol. 24h: $4.77 B and USDT USDT $1.00 24h volatility: 0.0% Market cap: $177.08 B Vol. 24h: $102.91 B .

BNB Still Not Overbought

BNB’s technical data, combined with the market FOMO, shows that $1,500 is still a realistic target.

According to data from TradingView, BNB’s Relative Strength Index just reached 72 with the new ATH. 

BNB Breaks $1,200 ATH: Will It Reach $1,500? image 0

BNB price hitting new ATH and RSI at 72 | Source: TradingView

The indicator shows that BNB is seeing strong momentum from market participants, but it’s still not overbought at this point.

If the RSI moves above the 80 mark, it would indicate overbought conditions, triggering profit-taking and high price volatility for BNB.

Moreover, Bitcoin’s new ATH of $125,559 on Oct. 5 boosted the FOMO around a bullish October, often called “Uptober” among the crypto community. Coinspeaker reported that there are expectations of $150,000 for the BTC price due to the strong momentum.

Bitcoin recorded an average monthly return of 20.8% over the past 12 Octobers, according to data from CoinGlass. If the leading cryptocurrency rises further, there’s a good chance that the top altcoins, like BNB, will follow.

next
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

After the US October CPI exceeded expectations, Goldman Sachs and Nomura added a forecast for an interest rate hike in March next year, while Deutsche Bank included a forecast for a rate hike in January next year. Currently, the market has fully priced in a 25 basis point rate hike in December, with a 13% probability for a 50 basis point hike. On Wednesday, the US Treasury spot market was closed, but Treasury futures continued to fall, with corresponding yields rising by about 2 to 4 basis points, and spot gold came under pressure, dropping by 1.1%.

华尔街见闻•2026/11/11 21:18
Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

It takes an average of 4.8 years from finalizing investment to starting construction of a data center project, and an additional 2.6 years from construction start to becoming operational. Servers usually cannot be installed until after the building structure and racks are completed. For trade partners such as Taiwan (China), South Korea, and Mexico who rely on US data center supply chain demand, the inertia in construction timelines provides at least a one- to two-year buffer for future exports.

华尔街见闻•2026/11/11 21:18
No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?

The main point of contention is whether Williams should step down in June 2028, upon completing a full 10-year term, or in June 2027, when he reaches the mandatory retirement age of 65. Analysts point out that the Federal Reserve Board holds ultimate discretion; if he leaves early, Fed Chair Waller would be able to assert greater control over the appointment to this critical position. However, forcing Williams to shorten his term could easily be interpreted as political manipulation. Williams himself is expected to serve until June 2028.

华尔街见闻•2026/11/11 21:18
Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?