Binance Coin is trading at $985.99, reflecting a decline of 0.8% as the ongoing crypto market selloff continues. This downturn is linked to persistent volatility in Bitcoin prices. As the selloff progresses, $BNB is approaching crucial support levels, indicating a potential for further movement in the market. The correlation between Binance Coin and Bitcoin remains strong, which suggests that fluctuations in Bitcoin will likely influence $BNB’s price action. Investors are closely monitoring these developments as the broader crypto market grapples with uncertainty amid sustained selling pressures.
This update was auto-syndicated to Bpaynews from real-time sources. It was normalized for clarity, SEO and Google News compatibility.
