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BNB Slips Below Support as Broader Crypto Market Reacts to Fed Chair's Remarks
Yahoo Finance·2025-10-31 00:39

BNB is down more than 2% over the past 24 hours, falling to 1,073afterfailingtoholdkeytechnicalsupportaround1,073 after failing to hold key technical support around 1,095 according to CoinDesk Research's technical analysis data model. The drop comes as the broader crypto market reels from a wave of selling tied to shifting signals from the U.S. Federal Reserve, with the broader market slipping 4.7% based on the CoinDesk 20 (CD20) index. The Fed cut interest rates by 25 basis points, as widely expected. But Chair Jerome Powell’s remarks that further ...