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Why is BNB Down Today?

BNB, the native token of the BNB Chain, has slipped below $960 as of November 13, 2025, following resistance just above $970. In the last 24 hours, its price fell to a low of $942.06 before attempting to recover. Increased trading volume indicates large-scale sell orders that led to a cascade of liquidations. Analysts are observing a potential head-and-shoulders pattern, suggesting a bearish outlook for the cryptocurrency. The token is currently attempting to stabilize around the $950–$960 range, with significant support at $942 and resistance near $970. The prevailing sentiment among traders reflects caution as the broader crypto market continues to trend downward, with the CoinDesk 20 index reporting a 1.6% decline over the same period.

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