Binance Coin (BNB) has reached a new all-time high of $774, indicating a shift of attention from Bitcoin to altcoins like BNB and XRP. BNB has experienced a surge of 25% in the past two weeks, marking a capital rotation within the market. The increase in price is attributed to increased buying demand and renewed market confidence. Despite facing regulatory challenges earlier in the year, BNB has delivered gains of 235% year-to-date. The anticipated regulatory changes under the incoming administration of Donald Trump and the departure of the SEC chair could further boost BNB and open up new investment vehicles. BNB's market cap has reached approximately $112 billion, and trading volume has increased by 14% in the last 24 hours. BNB is positioning itself closer to the $800 milestone, and there is potential for a significant move towards $1,630. To maintain its optimistic outlook, BNB needs to consolidate at current trading levels and maintain support around $660.



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