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CryptoNewsBNB Drops After $1.65B Token Burn, Eyes Resistance Near $1,150
BNB Drops After $1.65B Token Burn, Eyes Resistance Near $1,150
Crypto

BNB Drops After $1.65B Token Burn, Eyes Resistance Near $1,150

•October 28, 2025
0
CoinDesk
CoinDesk•Oct 28, 2025

Why It Matters

The burn highlights Binance’s effort to tighten BNB’s supply, a factor that can shift investor sentiment across the crypto market, and a breakout above $1,150 would signal that deflationary pressure is converting into real demand, potentially buoying the broader sector.

BNB Drops After $1.65B Token Burn, Eyes Resistance Near $1,150

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