BNB Drops Below $750 as Market Rout Undermines Hopes Sparked by Institutional Activity

BNB Slips Below $750 as Crypto Sell-Off Deepens Amid Bitcoin-Led Liquidations

BNB declined over 1% in the past 24 hours, briefly dipping below the key $750 support level before stabilizing near that threshold. The drop came as part of a wider market correction triggered by Bitcoin’s fall to $112,800, which resulted in over $360 million in liquidations across digital assets, according to CoinGlass.

Just a day earlier, BNB had rallied above $760, driven by renewed optimism from corporate adoption and new product offerings from Binance. The rally saw the token break through resistance levels at $759 and $761, accompanied by a 50% surge in trading volumes. This momentum was supported by Binance’s launch of a web wallet version and expanded bitcoin options functionality for retail users.

Investor enthusiasm was also boosted by several corporate disclosures. CEA Industries unveiled a $1.2 billion BNB-focused funding initiative, while Liminatus Pharma and Windtree Therapeutics revealed respective BNB allocations of $500 million and $700 million. Nano Labs added 128,000 BNB to its treasury, reflecting a wave of institutional accumulation.

However, the bullish trend quickly reversed. BNB pulled back from a local high of $769.70 as volumes surged past 49,000 tokens — a signal of intensified selling pressure. The token’s inability to hold gains highlights the fragile sentiment across the market as investors respond to heightened macro uncertainty.

BNB now trades just above $750, with its short-term direction likely to be shaped by broader market trends and Bitcoin’s next move.