BNB
Why BNB is down 1.6% today
Analysis
BNB fell 1.6% over the past 24 hours as broader crypto market weakness weighed on altcoins, with BNB specifically cited among the day’s leading altcoin laggards during the market slide. Decrypt noted BNB alongside other underperformers as ETF-flow narratives and overall risk-off sentiment pressured prices, while U.Today’s February 10 technical read also pointed to a bearish setup reinforcing the downside move.
Contributing Factors (2)
Zcash, BNB, Sui Lead Altcoin Losses As Crypto Market Slides
Leading altcoins dropped, as analysts cite capital flight to gold, ETF outflows, and cascading liquidations for draining market liquidity.
Binance Coin (BNB) Price Analysis for February 10
Can the rate of Binance Coin (BNB) test the $600 mark soon?
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.