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Crypto market correction sees BNB drop 2.3% as traders shift to stability
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Volatility returned to crypto markets as traders rotated toward stable assets, sending BNB lower by 2.
BNB’s benchmark price slipped by 2.37% to approximately 1,140 USDT in the last 24 hours amid renewed volatility across major digital assets. Analysts attributed the decline to short-term profit-taking and rotation into stablecoins following recent strength in Bitcoin and Ethereum. Market participants are awaiting regulatory updates on ETF clearances and liquidity data from leading exchanges. Despite the pullback, Binance’s ecosystem remains active, with transaction volume stability and ongoing developer engagement supporting long-term blockchain network resilience.