Binance Coin (BNB) Dips Under $1,080, Could Bears Push it to Former Support?

Binance Coin (BNB) prices have dropped below the $1,080 mark in recent trading. Daily trading volume has surged by over 24%. This drop follows a bearish start to the day, with market cap reaching $3.7 trillion and most asset prices declining. While Bitcoin (BTC) trades around $109,800 and Ethereum (ETH) hovers at roughly $3,800, BNB has dropped by over 3.14%. Initially trading at a high of $1,121.33, BNB now sits at around $1,050.13. If the bears maintain their momentum, further losses could see it fall to former support zones.