Drops

BNB has fallen 10.4% in the past 24 hours, trading at around $1,110, as the ongoing crypto sell-off accelerates.
According to CoinMarketCap <a href="https://coinmarketcap.com/currencies/bnb/" rel="noopener noreferrer">data</a>, BNB’s market capitalization declined to $156.2 billion, mirroring its 10.3% daily drop, while 24-hour trading volume rose 1.8% to $8.43 billion. The sharp decline occurred after the token briefly held above $1,250 earlier in the day before a wave of leveraged liquidations pushed prices lower.
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Despite the sell-off, BNB has shown relative resilience compared to some other altcoins, supported by its utility within the Binance ecosystem and ongoing token burns. Still, analysts caution that sustained market pressure could drive BNB toward the $1,050–$1,000 support range if sentiment fails to recover.
For now, traders are closely watching whether Bitcoin’s stabilization could lift BNB back toward $1,180, a key resistance level that could determine short-term direction.
The post <a href="https://www.ethnews.com/bnb-drops-over-10-to-1122-as-market-turmoil-deepens/" rel="noopener noreferrer nofollow">BNB Drops Over 10% to $1,122 as Market Turmoil Deepens</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

BNB Drops Over 10% to $1,122 as Market Turmoil Deepens

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Other articles published on Oct 10, 2025

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