Just In: CZ Breaks Silence on BNB’s Latest Rally After Tariff-Induced Market Crash

BNB has staged a sharp recovery after a volatile week that saw most major cryptocurrencies fall. The token rose more than 11% in the last 24 hours, trading near $1,267 at press time.

Market Rebounds After Tariff Shock

A surprise announcement of 100% U.S. tariffs on Chinese imports caused a short-term market crash, sending prices of major digital assets lower. However, BNB has bounced back faster than most, showing strength compared to other large-cap coins.

Analysts said the move shows the continued resilience of the BNB Chain (BSC) ecosystem, which remains active in development and user activity despite broader market stress.

CZ Addresses BNB’s Price Strength

Binance founder Changpeng Zhao (CZ) commented on BNB’s recent performance on social media. He said that unlike many other projects, BNB has no market makers influencing its price.

“Many projects have a market maker. BNB doesn’t. I am not aware of any of my affiliated entities buying or selling BNB in the past days or weeks,” CZ wrote. 

He added that BNB’s value comes from its builders, community, and deflationary token model, not coordinated trading or artificial support. BNB regularly burns tokens, reducing supply over time.

Technical Picture: Signs of a Short-Term Reversal

BNB dropped to as low as $863 during the market liquidation but quickly recovered above $1,200. On the 4-hour chart, the token has now broken above the EMA10 and MA20 levels, showing a possible short-term trend reversal.

If the price holds above $1,200, the next resistance zone sits between $1,300 and $1,360. Analysts say that staying stable above key moving averages will confirm stronger recovery momentum.