BNB drops nearly 3% to as bitcoin whipsaw and tech selloff hit crypto market

The decline was accompanied by sharp volatility in bitcoin and weakness in U.S. tech stocks, suggesting a return of risk-off sentiment. What to know : BNB fell nearly 3% to around $844 over the past 24 hours, breaking below the $855-$857 support area and experiencing heavy selling pressure. The decline was accompanied by sharp volatility in bitcoin and weakness in U.S. tech stocks. To avoid a deeper decline towards $830, BNB needs to hold above $840, while a recovery above $855 would be needed to stabilize the trend and reopen a path towards $870.