Why is BNB falling?

Could you elaborate on the potential reasons behind the recent decline in the value of Binance Coin, or BNB? There seems to be a significant downward trend in its market price, and I'm curious to understand what factors may be contributing to this fall. Is it a result of market volatility, changing sentiment among investors, regulatory concerns, or perhaps something else? Any insights or analysis you can provide would be greatly appreciated as I'm seeking to better understand the dynamics of this particular cryptocurrency.