BNB falls below key support as crypto market cap slips toward $3 trillion

• BNB dropped over 3% to $850, undercutting key support zones and erasing earlier session gains, despite a brief technical breakout attempt near $888.
• The decline appeared technical, rather than tied to BNB-specific negative news, and was accompanied by a wider crypto market downturn.
• The dip occurred amidst a surge in 24-hour trading volume to $115.7 billion.

BNB Coin BNB$863.89 dropped over 3% in the past 24 hours, falling to $850, undercutting key support zones and erasing earlier session gains.

The move comes despite a brief technical breakout attempt near $888 and signs of accumulation during overnight trading hours, according to CoinDesk Research's technical analysis data model.

BNB spent most of the day consolidating between $885 and $888, building a tight range pattern supported by rising lows and increased volume early in the session. A breakout above the $888 technical pivot signaled potential bullish momentum.

But that push failed to hold as trading activity thinned and broader market pressure returned. As the wider crypto market dropped, witjh bitcoin and ether registering 24-hour losses of 2.8% and 3.6%, respectively, BNB dropped as well.

The decline appeared technical rather than tied to any BNB-specific negative news.

The dip has seen the wider cryptocurrency market near the $3 trillion capitalization while 24-hour trading volume saw a major spike to $115.7 billion, according to CoinGecko data.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

• As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
• GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
• Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

• The Nasdaq exchange told KindlyMD (NAKA) that it faces being delisted after its share price dropped below $1 for 30 consecutive business days.
• The health-care company that is building a bitcoin treasury has until June 8 to regain compliance, which requires the stock to close at or above $1 for at least 10 consecutive business days.
• The shares first fell below $1 in late October, and closed Monday at $0.38.

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