BNB
Why BNB is down 1.5% today
Analysis
BNB fell about 1.5% over the past 24 hours as broader crypto markets slid, pulling major altcoins lower. Decrypt specifically highlighted BNB among the leading altcoin losers during the market downturn, suggesting the move was driven more by overall risk-off sentiment than a BNB-specific catalyst.
Contributing Factors (1)
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.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.