BNB Breaches $750 Mark as Widespread Market Decline Eclipses Bullish Corporate News

BNB Slips Under $750 as Bitcoin-Led Liquidations Trigger Market-Wide Decline

BNB dropped more than 1% over the past 24 hours, briefly falling below the $750 support level amid a wider market sell-off led by Bitcoin’s decline to $112,800. The sharp drop across crypto markets triggered over $360 million in liquidations, according to data from CoinGlass.

The token’s recent upswing—driven by optimism around corporate engagement and new Binance product launches—was cut short. Just a day earlier, BNB had surged past key resistance at $759 and $761 on heightened trading volume, rising more than 50% above its daily average. Contributing to the momentum was Binance’s rollout of a web-based crypto wallet and the expansion of bitcoin options writing to a broader user base.

Institutional interest also played a role in the earlier rally. CEA Industries unveiled a $1.2 billion BNB-focused funding initiative, while Liminatus Pharma and Windtree Therapeutics each disclosed hundreds of millions in planned BNB allocations. Additionally, Nano Labs announced the acquisition of 128,000 BNB for its corporate treasury.

However, that bullish sentiment quickly faded. BNB dropped from a local high of $769.70 as sell-side volume surged beyond 49,000 tokens, signaling profit-taking and renewed caution from market participants.

BNB is now holding just above $750, with short-term price direction likely to be dictated by macroeconomic sentiment and broader crypto market trends.