Bnb dropped over 2.7% to $865, breaking a key support level of $870 and falling below its 30-day moving average, signaling a significant short-term bearish shift.
The analysis comes from coindesk, a reputable crypto news source, featuring detailed technical analysis (support levels, moving averages, fibonacci) and broader market context (fed rate cut, cd20 index).
The token broke key support levels and its 30-day moving average, with selling pressure dominating. while a tight range is forming, sellers are capping gains, and cautious sentiment persists ahead of a network upgrade.
The price drop is an immediate reaction to the fed rate cut and broader market downturn. traders are currently cautious and awaiting the completion of a network upgrade before taking new positions, indicating the current sentiment will likely persist in the very short term.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BNB Drops Below $865 as Crypto Market Moves Lower The token is now trading in a tight range, with buyers defending the $864-$867 zone and sellers capping gains near $868.50, as traders appear cautious. By CD Analytics , Francisco Rodrigues Dec 11, 2025, 4:24 p.m. "BNB falls 2.5% to $867 amid network maintenance and cautious trader sentiment." What to know : BNB dropped 2.7% to $865 after the Federal Reserve's 25 bps cut, breaking through a key support zone of $870 and falling below its 30-day moving average. The token is now trading in a tight range, with buyers defending the $864-$867 zone and sellers capping gains near $868.50, as traders appear cautious. A recovery above $874 could shift momentum, but a deeper slide could push BNB toward $839, the next technical support level, as network activity is set to pause ahead of an upgrade. The price of BNB, the native token of the BNB Chain, dropped more than 2.7% in the last 24-hour period to $865 as traders digested the Federal Reserve’s 25 bps rate cut. While precious metals and equities rose, cryptocurrencies moved down with the broader CoinDesk 20 ( CD20 ) index losing 3.4% of its value over the same period. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The token opened the session at $890 and touched a high of $908.83 before reversing sharply. Selling pressure increased as BNB pierced through $870, a key support zone that had held in recent weeks, according to CoinDesk Research's technical analysis data model. The breakdown was backed by volume, with trading activity surging. BNB also fell below its 30-day moving average and the 23.6% Fibonacci retracement level at $874, adding to the bearish setup. These indicators often serve as signals to traders that a short-term uptrend may be ending. While BNB found some footing near $861.95, multiple attempts to recover toward $870 met resistance. The token is now trading in a tight range, with buyers defending the $864–$867 zone and sellers capping gains near $868.50. For now, traders appear cautious. A recovery above $874 could shift momentum, but with network activity set to pause, most are waiting for the upgrade to complete before taking new positions. A deeper slide could push BNB toward $839, the next technical support based on Fibonacci levels. 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. AI Market Insights BNB Technical Analysis More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : 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. 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