📉 BNB Price Dips Below $650: What’s Driving the Decline?
As of June 14, 2025, Binance Coin (BNB) has seen a notable dip, trading at approximately $650.81 USD, down from its previous close. This marks a decline of about 0.47% in the last 24 hours. The intraday high reached $655.45 USD, while the low touched $649.50 USD.
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🔍 What’s Behind the Price Drop?
Several factors are contributing to BNB's recent price movement:
Market Volatility: The broader cryptocurrency market has experienced fluctuations, affecting major assets like BNB.
Geopolitical Tensions: Ongoing global events have introduced uncertainty, influencing investor sentiment across various markets.
Technical Adjustments: After reaching previous highs, BNB may be undergoing natural price corrections.