BNB

Standard Chartered has reduced its short-term and end-2026 price projections for major cryptocurrencies, warning that persistent spot Bitcoin ETF outflows and macroeconomic uncertainty could keep the market under pressure. The bank now sees Bitcoin potentially dropping toward $50,000 in the near term and finishing 2026 at $100,000, with Ethereum's outlook also lowered alongside revised targets for Solana, BNB and Avalanche.

During a Wednesday House Financial Services Committee hearing, Democratic lawmakers criticized SEC Chair Paul Atkins for a perceived softening of crypto enforcement, saying it undermines investor confidence. They cited dropped or paused cases, including Binance, and questioned the halt in the Justin Sun lawsuit, linking the climate to a market drawdown exceeding $1 trillion.

Prediction markets saw trading volume jump from $15.8 billion in 2024 to $63.5 billion in 2025, with activity staying strong into January 2026 as three platforms captured over 95% of global flow. A CertiK report warns that this growth relies heavily on centralized Web2-style authentication, creating critical single points of failure even as on-chain settlement and oracle designs continue to evolve.

On January 28, bitcoin reached $90,000, then on Friday fell about $17,000 to a $60,000 low before rebounding to $72,000 and spending the weekend in a $68,000–$72,000 range. It has now slipped below $67,000 as altcoins extend losses: ETH under $2,000 (−3.2%), XRP below $1.40 (−4.1%), BNB at $600 (−5%), while ZRO surged 20% into the top 100.

The week saw mixed performance across tokens: M rebounded about 23% to near $1.58 and MYX advanced roughly 18% around $6.44. On the downside, BNB fell toward $600 for a ~15% drawdown and ZEC hit close to $200, off just over 30% at its worst.

Bitcoin climbed back above $70,000 after a sharp sell-off, with its market cap returning to $1.4 trillion and dominance near 57% on CG. BNB moved ahead of XRP for the fourth-largest spot as ETH traded above $2,100 and SOL approached $90. HYPE lagged, sliding almost 5% to under $32.

On February 5, Binance Coin (BNB) extended its decline, sliding 7.79% over the last 24 hours and trading near $665.55. After losing support at $672.70, bears are eyeing the $650 zone in the short term, with a potential move toward the $600 range if daily candles keep closing at or below current levels.

On February 3, the crypto market saw a sharp sell-off as Bitcoin briefly fell to the $72,000 area before rebounding to around $77,000–$78,000. Over $2.5 billion in positions were liquidated within 48 hours, with more than $700 million wiped out in a single day and most losses hitting overleveraged longs. Ethereum dropped toward the $3,600–$3,800 range, while major altcoins like Solana and BNB recorded double-digit intraday declines amid heavy spot selling and extreme fear in sentiment indicators.

On Monday, BNB Chain released a weekly snapshot for Jan 22–28, 2026, reporting an average 4.9 million DAU and 142.6 million transactions. BSC logged 2.59 million DAU while opBNB had 2.36 million. BNB's price fell 13.1% on the week, hovering near the $760–770 range after touching the $730 support.

On 10 October, OKX founder Star Xu alleged that Binance's marketing practices and products such as Ethena's USDe on the exchange were responsible for the crypto market crash. Binance countered that a macro shock linked to Donald Trump's tariffs update sparked the $19 billion liquidation wave and said its technical issues did not trigger the move, while BNB later fell below $900 even as its market dominance climbed to 4%.