Markets are burning, and BNB is down over 5% in 24 hours, dropping to $685.
What's happening?
· 🇺🇦 Russian escalation reaches NATO: A drone crashes in Romania, injuring civilians + Medvedev threatens "Europeans won't sleep peacefully"
· 🇮🇷 New US-Iran clashes add to tensions
· 💸 ETF outflows exceed $2 billion
Is BNB alone?
No, the entire market is bleeding (Bitcoin below $73k, Ethereum below $2k), but BNB is suffering more due to security issues on its network and the regulatory risk premium on Binance.
Bottom line: The Russia-Ukraine war is the main cause, but not the only one. Escalation scares investors, so they're selling everything.
#BNB #CryptoCrash #RussiaUkraineWar #Binance