BNB has seen a significant decline, now at 1,050 USD. If it fails to defend the 1,040 USD support, analysts estimate a risk of a further drop to 900 USD.
The decline in BNB’s price is linked to broader market weaknesses, notably drops in Bitcoin and Ethereum, compounded by rising trade tensions between the U.S. And China.
Despite the bearish trend, BNB experienced a 25% surge in trading volume, suggesting that investor interest remains high.
Leave a Reply