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Stock impact report

BNB Hits Second ATH This Month, Crosses $1,300 Barrier – Is $1,500 Next? [Yahoo! Finance]

Strategy Inc - 10.00% Series A Perpetual Strife Preferred Stock (STRF) 
Company Research Source: Yahoo! Finance
Binance Coin (BNB) surged past $1,300 on October 6, 2025, marking its second all-time high within hours after initially breaking $1,200 earlier in the day, as the token flipped XRP to become the third-largest cryptocurrency by market capitalization. Source: TradingVew The 19% weekly gain boosted BNB's market cap to over $154 billion, surpassing both Tether and XRP behind only Bitcoin and Ethereum. BNB Chain topped all blockchains in 24-hour fees, followed closely by Hyperledger and Solana. The rally coincided with Bitcoin reaching a new all-time high above $126,000, as the ongoing US government shutdown drove investors to cryptocurrencies as safe-haven assets. Founder Changpeng Zhao emphasized ecosystem growth, with 30% of BNB's supply now staked amid institutional inflows and the expansion of DeFi. The surge comes as October historically delivers a strong fourth-quarter performance for cryptocurrencies, with Bitcoin averaging 79.6% gains in past Q4 periods. CZ Admits P Show less Read more
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