BNB Drops Below $865 as Crypto Market Moves Lower
Yahoo Finance·2025-12-12 00:24

The price of BNB, the native token of the BNB Chain, dropped 3% in the last 24-hour period to 865astradersdigestedtheFederalReservesWednesdayratecut.BNBmoveddownwiththebroaderCoinDesk20(CD20)index,whichislowerby3.4865 as traders digested the Federal Reserve’s Wednesday rate cut. BNB moved down with the broader CoinDesk 20 (CD20) index, which is lower by 3.4% over the same time frame. The token rose as high of 908.83 Wednesday before reversing sharply. Selling pressure increased as BNB pierced through $870, a key support zone that had held in recent weeks, according to CoinDesk Research's technical analysis data model. T ...