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BNB Crashes Below $750—Corporate Hype No Match for Crypto Carnage

BNB Crashes Below $750—Corporate Hype No Match for Crypto Carnage

Author:
Coindesk
Published:
2025-08-05 16:11:49
19
1

BNB Falls Below $750 as Crypto Market Sell-Off Erases Corporate-Fueled Optimism

Crypto winter just got frostier. BNB—Binance's powerhouse token—tumbled under $750 today as the market's brutal sell-off shredded last week's corporate-fueled optimism. Traders are left staring at red candles while 'buy-the-dip' bros scramble for excuses.

Blood in the streets? More like blood in the metaverse. The plunge comes despite recent institutional endorsements that had crypto Twitter doing victory laps. Turns out Fortune 500 press releases can't override bear market physics.

Where's the bottom? With leverage getting liquidated faster than a bankrupt NFT project, even the diamond hands are sweating. Pro tip: When your portfolio drops harder than a VC's attention span, maybe reconsider that 'hedge against inflation' narrative.

|Square

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