Binance’s BNB coin hit yet another all-time high of $962.08 earlier today, Sept. 17, 2025. BNB has hit multiple all-time highs this year. According to CoinGecko data, BNB’s price has rallied 2.2% in the last 24 hours, 8.1% in the last week, 11.7% in the 14-day charts, and 13.6% over the previous month. Despite the big upswing, BNB’s price has fallen by 1.1% from its peak earlier today.

What Pushed Binance’s BNB Coin To a New All-Time High?

BNB has seen an incredible surge over the last few months. According to DefiLlama, the total value locked (TVL) has climbed to a near record high of $7.7 billion.

BNB’s latest rally also comes amid a market-wide resurgence. Bitcoin (BTC) has reclaimed the $117,000 price level. Other crypto assets seem to be following BTC’s trajectory. The global crypto market cap has risen 0.9% in the last 24 hours to $4.15 trillion.

BNB and the larger market rally could be due to high expectations of an interest rate cut later this month. The Federal Reserve is midway through its 2-day meeting. Many anticipate the Federal Reserve to take a dovish monetary policy stance here on out. The CME FedWatch tool shows a 96% chance of a 25 basis point interest rate cut and a 4% chance of a 50 basis point interest rate cut. A rate cut could send BNB’s price beyond the $1000 mark.

Also Read: BNB Overtakes World’s Largest Private Bank, UBS, in Market Value

According to CoinCodex’s analysis, Binance’s BNB coin will continue to rally over the coming months. The platform anticipates the asset to breach the $1000 mark in early October of this year.

CoinCodex predicts BNB will hit a peak of $1169.57 on Dec. 3. Hitting $1169.57 from current price levels will translate to a rally of about 22.89%.