BNB Falls Below $885 as Broader Market Pullback Continues

2026-01-08 17:46:10

Source: CryptoNewsNet Original Title: BNB falls below $885 as broader market pulls back and treasury tensions emerge Original Link: BNB fell 2.6% to $883 over the last 24-hour period, giving up early-session gains after failing to hold the $900 level earlier in the week.

The move follows a broader downturn in crypto markets, driven by risk aversion ahead of Friday’s U.S. jobs report and a pending Supreme Court decision that could impact global trade sentiment.

The token was above the $900 resistance level but lost ground through the week, hitting a low of $877 before it started to recover. According to technical analysis data, BNB experienced this pullback despite recent network improvements.

Despite a recent upgrade that halved block times on its layer 2 opBNB network, BNB saw little sustained buying interest.

Trading volume remains 25.85% below its 7-day average, a sign that the technical improvement hasn’t yet translated into price momentum.

BNB1,06%

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