Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Why BNB Price Holds Above $1,000 Despite $19 Billion Crypto Crash

Why BNB Price Holds Above $1,000 Despite $19 Billion Crypto Crash

CoinspeakerCoinspeaker2025/10/10 16:00
By:By Ibrahim Ajibade Editor Kirsten Thijssen

BNB price showed rare resilience in Saturday’s $34 billion crypto market crash, holding above $1,000 despite intensified liquidations.

Key Notes

  • BNB price fell 9.6% but held above $1.000, on Saturday, outperforming rival large-cap cryptocurrencies.
  • Data shows traders favored BNB and BTC in “flight-to-safety” trades amid $19 billion in liquidations.
  • The exchange token sector proved more resilient, declining only 5.4% versus the 9% global crypto market drop.

BNB price held above $1,130 on Saturday, October 11, declining 9.6% in line with the broader market crash that wiped out $19 billion from the global crypto liquidation in 24 hours. Yet, key market data shows BNB displayed stronger resilience and remains better positioned for an early rebound than rival layer-1 tokens.

BNB and BTC Cut Losses to Single Digits Amid Flight-to-Safety Bets

BNB retraced from all-time highs of $1,330 on Monday to a weekly low of $1,043 during Friday’s crash before rebounding to $1,132 at press time. Notably, BNB’s 9.6% intraday loss outpaces its modest 7-day decline of only 1.7%, signalling strong buying pressure re-emerging at key psychological levels as weak hands exited.

Why BNB Price Holds Above $1,000 Despite $19 Billion Crypto Crash image 0

Top 6 Cryptocurrencies performance on October 11, 2025 | Source: CoinMarketCap

Beyond that, Coinmarketcap data shows BNB’s limited drawdown places it alongside Bitcoin (-7.69%) as one of the only top-five cryptocurrencies keeping daily losses in single digits, despite market liquidations exceeding $19 billion in the past 24 hours. This highlights active “flight-to-safety” rotation toward BTC and BNB during the ongoing market dip.

Why Is BNB Price Holding Above $1,000?

BNB’s successful defence of the $1,000 during the crypto crash on October 11 can be attributed to improved sentiment after setting new all-time highs in three consecutive weeks, and incidental demand from the market turbulence.

As the native token of Binance, the world’s largest crypto exchange and second-largest DeFi ecosystem , BNB benefits from multiple demand catalysts, from trading fee discounts to increasing network revenue during heightened volatility.

Why BNB Price Holds Above $1,000 Despite $19 Billion Crypto Crash image 1

Exchange Token Sector dips 5.4% as Global Crypto Market Cap plunges 9% on October 11, 2025 | Source: Coingecko

This dual function makes BNB an attractive hedge during market stress. Coingecko’s aggregate data on the crypto exchange tokens sector further reflects this narrative on Saturday. As seen above, the exchange token sector declined by only 5.4% to $221.4 billion in aggregate market capitalization on Saturday, outperforming the broader crypto market’s 9% contraction to $3.8 trillion.

next
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Apple says iPhone Duo demand is "unprecedented," pre-orders sold out within minutes, deliveries postponed until January next year

Within minutes of opening pre-orders for Apple's first foldable screen phone, iPhone Duo, the delivery period was extended to the end of January next year, affecting all colors and storage configurations. Analysts from Bloomberg Intelligence have raised their sales expectations, believing that sales may surpass the target of 14 million units and $28 billion. On Friday, Apple's stock price rose slightly by 0.43%.

华尔街见闻•2026/10/17 00:01
Apple says iPhone Duo demand is "unprecedented," pre-orders sold out within minutes, deliveries postponed until January next year

Credit panic hits AI trading: CoreWeave bond yields remain high, Nasdaq posts biggest weekly drop since late June

Concerns over the debt risk of AI infrastructure companies continue to rise. Yields on some CoreWeave bonds briefly exceeded 15% on Thursday and remained elevated on Friday. CoreWeave's stock price plunged another 12% on Friday, and the Nasdaq Composite Index fell about 4.5% for the week. Analysts point out that as capital costs rise to unbearable levels, companies will have no choice but to reduce their capital expenditures.

华尔街见闻•2026/10/16 23:26

Philadelphia Semiconductor Index Experiences Longest Losing Streak Since 2008; Jensen Huang Responds Calmly: Short-term Fluctuations Won't Change AI's Long-term Growth Prospects

Despite recent sell-offs in AI-related stocks, Nvidia CEO Jensen Huang remains confident in the long-term prospects of the AI industry.

智通财经•2026/10/16 23:21