Why BNB Price Holds Above $1,000 Despite $19 Billion Crypto Crash
The post Why BNB Price Holds Above $1,000 Despite $19 Billion Crypto Crash appeared on BitcoinEthereumNews.com.
Key Notes BNB price fell 9.6% but held above $1.000, on Saturday, outperforming rival large-cap cryptocurrencies. Data shows traders favored BNB and BTC in “flight-to-safety” trades amid $19 billion in liquidations. The exchange token sector proved more resilient, declining only 5.4% versus the 9% global crypto market drop. BNB price held above $1,130 on Saturday, October 11, declining 9.6% in line with the broader market crash that wiped out $19 billion from the global crypto liquidation in 24 hours. Yet, key market data shows BNB displayed stronger resilience and remains better positioned for an early rebound than rival layer-1 tokens. BNB and BTC Cut Losses to Single Digits Amid Flight-to-Safety Bets BNB retraced from all-time highs of $1,330 on Monday to a weekly low of $1,043 during Friday’s crash before rebounding to $1,132 at press time. Notably, BNB’s 9.6% intraday loss outpaces its modest 7-day decline of only 1.7%, signalling strong buying pressure re-emerging at key psychological levels as weak hands exited. Top 6 Cryptocurrencies performance on October 11, 2025 | Source: CoinMarketCap Beyond that, Coinmarketcap data shows BNB’s limited drawdown places it alongside Bitcoin (-7.69%) as one of the only top-five cryptocurrencies keeping daily losses in single digits, despite market liquidations exceeding $19 billion in the past 24 hours. This highlights active “flight-to-safety” rotation toward BTC and BNB during the ongoing market dip. Why Is BNB Price Holding Above $1,000? BNB’s successful defence of the $1,000 during the crypto crash on October 11 can be attributed to improved sentiment after setting new all-time highs in three consecutive weeks, and incidental demand from the market turbulence. As the native token of Binance, the world’s largest crypto exchange and second-largest DeFi ecosystem, BNB benefits from multiple demand catalysts, from trading fee discounts to increasing network revenue during heightened volatility. Exchange Token…
Filed under: News - @ October 11, 2025 5:26 pm