BNB slides to $900 as traders look to havens

2026-01-12 15:29:20

Source: CryptoNewsNet Original Title: BNB slides to $900 as traders look to havens Original Link: BNB, the native token of the BNB Chain, fell 1.2% to $900.9 in the last 24-hour period, underperforming the broader crypto market as measured by the CoinDesk 20 (CD20) index, which dropped 0.6%.

The decline comes as traders rotate into bitcoin and gold over growing geopolitical tensions and rising uncertainty in U.S. monetary policy.

Bitcoin, the largest cryptocurrency, traded little changed over the period even as investors are seemingly moved away from riskier assets as global headlines focused on a violent crackdown on protests in Iran, which prompted a strong response weighing from policymakers that could include military action.

Additionally, Federal Reserve Chair Jerome Powell said in a statement that the administration has threatened him with a criminal indictment over the renovations at the central bank’s headquarters.

BNB2,36%

BTC0,82%

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