BNB
Why BNB is down 1.6% today
Analysis
BNB fell 1.6% over the past 24 hours as the broader crypto market slid, dragging down several altcoins. Decrypt specifically highlighted BNB among the day’s notable altcoin decliners alongside Zcash and Sui, pointing to market-wide weakness as the key driver rather 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.