Why did BNB’s market cap drop by $50 billion? What’s causing | CRYPTOMOJO on Binance Square

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Why did BNB’s market cap drop by $50 billion? What’s causing this significant decline in value?
#crypto  #BNB  #Altseason  #Bitcoin❗  
$BTC  $ETH  
$CVC 

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"FTX confirmation hearing is scheduled for 10 AM ET today. The court is expected to set the date for redistributing $16 billion in assets to creditors. Stay tuned for updates on one of the most anticipated moments in the crypto space. #Ftx❓ #CryptoNewss #Blockchain #Bitcoin❗ $BTC $BNB

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The market currently indicates a 0% probability of a 50 bps rate cut in November. Last week, it was 53%. #crypto #Bitcoin❗ #Ripple #Altseason $BTC $ETH $CVC

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#Bitcoin❗ is facing resistance at the $64K–$64.3K level, with even more hurdles ahead. However, breaking above the descending trendline could send us 🚀 towards $70K and beyond to new ATHs! 👀 No matter the short-term moves, the long-term outlook is still bullish. Stay tuned and follow for more updates! #Crypto #Altseason #BullRunAhead $BTC $ETH $XRP

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#Bitcoin❗ No significant changes yet, but I'm still bullish and anticipating a strong rally towards the crucial $68K resistance next week. A breakout from the Bull Flag could ignite a massive upside surge. 100k income! #Altseason #Bitcoin100K #BullRunAhead $BTC $ETH $XRP

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#Bitcoin is bouncing from the $60K zone and heading toward upper resistance. We could see a move to the $68K resistance soon. Breaking above the descending trendline could propel us🚀 to $70K+!👀 Key levels to monitor: 🟥Resistance: $66K-$68K 🟩Support: $61K-$62K A drop below $60K may open doors for further downside.📉 Stay focused and patient! #Crypto #AltseasonGains #BullRunAhead #altsesaon $ETH $BTC $XRP

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