Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Why BNB Price Holds Above $1,000 Despite $19 Billion Crypto Crash

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

Coinspeaker2025/10/10 16:00
By: By Ibrahim Ajibade Editor Kirsten Thijssen
BTC+0.30%BNB-0.47%
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
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Key Market Information for October 13th—A Must-Read! | Alpha Morning News

1. Top News: The total cryptocurrency market capitalization has rebounded above $4 trillion, with a 24-hour increase of 5.6%. 2. Token Unlock: $SVL.

BlockBeats2025/10/13 02:25
Clues of the "End of the Bull Market": The "Bull's Tail" Is the Fattest and Everyone Is Bullish

The dangerous signal of "bad news is good news."

深潮2025/10/13 01:58
What does DeFi need for its next milestone?

It's not about larger scale, but about trust in automation.

Chaincatcher2025/10/13 01:56
Why does your position suddenly get liquidated during extreme market conditions?

A cash game without BTC, with the automatic deleveraging mechanism activated when long and short positions become imbalanced.

Chaincatcher2025/10/13 01:56

Trending news

More
1
Key Market Information for October 13th—A Must-Read! | Alpha Morning News
2
Clues of the "End of the Bull Market": The "Bull's Tail" Is the Fattest and Everyone Is Bullish

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,373.13
+4.55%
Ethereum
Ethereum
ETH
$4,184.01
+12.27%
BNB
BNB
BNB
$1,299.37
+16.28%
Tether USDt
Tether USDt
USDT
$1
+0.03%
XRP
XRP
XRP
$2.54
+8.90%
Solana
Solana
SOL
$196.5
+12.26%
USDC
USDC
USDC
$1
+0.05%
Dogecoin
Dogecoin
DOGE
$0.2078
+13.72%
TRON
TRON
TRX
$0.3239
+3.73%
Cardano
Cardano
ADA
$0.7068
+13.06%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter