BNB

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%.

On 28 January 2026, the U.S. crypto market was steady as the Senate prepared to vote on the Crypto Market Structure Bill on Thursday at 3:00 PM ET. The bill seeks to clarify how digital assets are classified and which regulators oversee them, while Bitcoin, Ethereum, and major altcoins traded higher ahead of the decision.

Binance Coin traded around $873 on Tuesday, edging about 1% higher while confronting strong resistance in the $900–$915 area. Futures open interest in BNB reached roughly $1.39B in the last 24 hours and spot and derivatives activity on BNB Chain showed steady engagement. Despite this, the short‑term chart remains corrective, with analysts eyeing the $860 support and a possible bounce toward a nearby resistance cluster.

Grayscale expanded its ETF plans by filing a Form S-1 with the SEC on January 23, 2026 for a spot BNB fund, and moving to convert its Grayscale Near Trust into a spot NEAR ETF. The BNB move places it alongside VanEck, while coverage noted NEAR rose more than 3% even as the broader crypto market faced pressure.

On January 26, 2026, RIVER climbed to a new all-time high of $87.73 before slipping below $80 hours later. According to Bubblemaps, more than 88% of the Base supply sits in one address, while on BNB Chain the top holder controls over 69.3%, stoking crash fears. Open interest topped $214M with over 64% shorts, triggering a recent short squeeze.