BNB falls below key support as crypto market cap slips toward $3 trillion
CoinDesk
BNB Coin dropped over 3% to $850, breaking key support amid a broader crypto market downturn.Summary
BNB Coin experienced a significant drop of over 3% in 24 hours, falling below the $850 level and undercutting crucial support zones, erasing earlier session gains despite a brief technical breakout attempt near $888. This decline was not attributed to BNB-specific negative news but was instead synchronized with a wider cryptocurrency market downturn, where Bitcoin and Ether also registered losses of 2.8% and 3.6%, respectively. The dip pushed the total cryptocurrency market capitalization close to the $3 trillion mark, while 24-hour trading volume spiked to $115.7 billion.
(Source：CoinDesk)