Why did BNB's price go up today? Fed sees slower rate increases, pulling up cryptos

Nov. 23, 2022 4:22 PM ETBinance Coin USD (BNB-USD)By: Max Gottlich, SA News Editor1 Comment

Gold Binance crypto coin on a tree outdoor, blurred background with space for text


Binance coin (BNB-USD) spiked 12% in Wednesday afternoon trading as cryptocurrencies caught a bid after the highly-anticipated minutes of the Federal Reserve's November gathering indicated that the pace of interest-rate hikes could slow "soon."

Still, policymakers said the central bank's benchmark

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