BNB — 2026-10-07
$769.50Down -1.79%24h
Change since the previous record
Down $16.23 (2.07%)
- Previous record
- $785.73 · 2026-10-06 15:39 UTC
View the previous record. Based on the two recorded prices; separate from the 24h change.
Market commentary
CoinMarketCap AI commentary (attributed, not independently verified)
BNB is down 2.14% to $764.57 in 24h, closely tracking a broader market pullback primarily driven by Bitcoin's repeated rejection at the $87,000 resistance level. It shows a strong correlation (79%) with the Russell 2000 ETF (IWM), indicating a shared macro-driven move.
- Primary reason: Broader market beta, as Bitcoin faces selling pressure at a key technical level, dragging major altcoins lower.
- Secondary reasons: Oversold technical conditions within the BNB/USDT pair and a risk-off sentiment across the Layer 1 and Binance Ecosystem sectors.
- Near-term market outlook: If BNB holds the $755–$765 support zone, a relief bounce toward $780 is possible; a break below risks a test of $740. The immediate trigger is the market's reaction to the Fed minutes release later today.
Research details
- Confidence
- MEDIUM
- Status
- CHANGED
- Previous record source
- CoinMarketCap AI (page-embedded data, automated collector)
Evidence
CoinMarketCap price-analysis page data: US$769.50, -1.79% (24h). Analysis title: "Latest BNB (BNB) Price Analysis".
Verification notes
Price and 24h change were read directly from CoinMarketCap's own page data (not cross-checked against an independent feed). CMC AI's analysis text is attributed commentary, not independently verified fact; catalyst/causal claims within it require separate confirmation before being treated as fact.
Why it matters
Tracks BNB's latest price move and CoinMarketCap AI's own stated reasoning, without independent cross-verification against a second price feed.