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BNB price rises 3.37% to $648.68 after breaking key resistance, boosted by Microsoft Azure support.

Market News
21 Aug 2026, 12:32 WIB
Blockonomi
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Bullish
BNB price rises 3.37% to $648.68 after breaking key resistance, boosted by Microsoft Azure support.

BNB's price climbed 3.37% to $648.68 after surpassing the $621.94 resistance level, supported by its trading above key moving averages. The rally was fueled by Microsoft Azure's new support for BNB Agent Studio, offering a $1,000 cloud credit pool to developers, which could increase platform activity and demand for BNB. Open interest nearing $1 billion signals potential for sharp price swings, with $650 as the next critical level to watch. Maintaining above $621.94 is crucial for the bullish trend to continue.

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