Stocks crashed — and BNB barely flinched.
On Thursday, chip stocks had their worst day since March 2020, falling about 12.3%. Bitcoin dropped from above $80,000 toward $76,000, and around $1.09 billion in leveraged positions got wiped out.
But look at BNB: down only 3.3% in a day, trading near $694 — while Bitcoin lost 6% and XRP lost 10%.
The lesson? In a red market, the real question is not how much a coin falls, but how much it holds. BNB held up best among the majors because demand stayed steady even while forced selling hit everything else.
Bitcoin is now steady near $75,800. If stocks calm down, the recovery starts from here.
Which coin held up best in your portfolio this week?
#BNB #Bitcoin #Crypto
On Thursday, chip stocks had their worst day since March 2020, falling about 12.3%. Bitcoin dropped from above $80,000 toward $76,000, and around $1.09 billion in leveraged positions got wiped out.
But look at BNB: down only 3.3% in a day, trading near $694 — while Bitcoin lost 6% and XRP lost 10%.
The lesson? In a red market, the real question is not how much a coin falls, but how much it holds. BNB held up best among the majors because demand stayed steady even while forced selling hit everything else.
Bitcoin is now steady near $75,800. If stocks calm down, the recovery starts from here.
Which coin held up best in your portfolio this week?
#BNB #Bitcoin #Crypto