The BNB price experienced a significant drop in late January 2026, falling from highs around $909 to below $770, primarily due to a broader cryptocurrency market sell-off. This market downturn was influenced by several factors:
Geopolitical Tensions: Rising global uncertainty and geopolitical risks led investors to reduce exposure to volatile assets like cryptocurrency, moving into safer options like gold.
Leverage Wipeout: The price decline triggered the liquidation of many leveraged long positions, forcing more selling and accelerating the drop.$BNB