BNB Dips Below $1,000 as Market Weakness Drives Token Lower

BNB Drops Below $1,000 as Selling Pressure Drives Token Lower – 11/11/2025

BNB, the native token of the BNB Chain, fell below the key $1,000 level over the past 24 hours, hitting a low of $974 and moving into bearish territory.

Trading volume surged nearly 88% above the 24-hour average, signaling heavy selling pressure, according to CoinDesk Research’s technical model. The token has been trending downward since peaking around $1,300 earlier this year. Efforts to reclaim $1,000 have failed, with technical patterns—like lower highs and a failed double bottom near $975—pointing to further potential downside.

“Short-term volatility doesn’t change BNB’s long-term fundamentals,” said Jake A., analyst at BNB-linked project AIC. “Infrastructure and new token launchpads continue to drive on-chain utility.”

BNB now faces resistance at $1,000–$1,008 and support at $972.85, with $970 as a psychological floor. If breached, $959 could be the next target.

The decline coincided with a broader market drop, as the CoinDesk 20 (CD20) index fell 2.16% over 24 hours.