BNB Plunges 11% From All-Time High - Coinbase Catalyst Fails to Sustain Rally
BNB's bull run hits a wall as prices retreat sharply from record territory.
The Coinbase Effect Fizzles
Despite the exchange's roadmap generating initial excitement, BNB couldn't maintain momentum. The token dropped 11% from its peak—proving once again that in crypto, even the biggest endorsements can't override market gravity.
Technical Pressure Mounts
Selling pressure accelerated as early investors took profits near the historic high. The pullback suggests the market needs more than exchange announcements to sustain upward trajectories.
Reality Check for Crypto Optimists
Another case of 'buy the rumor, sell the news'—because nothing makes traditional finance professionals smirk quite like crypto's ability to turn golden catalysts into temporary blips. The question remains whether this is healthy consolidation or the start of something deeper.
