As of February 7, 2026, Binance Coin (BNB)
is navigating a period of significant volatility and intense market pressure.
Here is the current news and motion for $BNB BNB:
Market Motion & Price Action📉📈
BNB is currently caught in a sharp wider-market sell-off that began in late January.
Current Price:
Approximately $640 - $653 USD, showing a slight 24-hour recovery after hitting recent lows near $605.
Support & Resistance: * Support:
Analysts have identified $602 as a major "line in the sand." If BNB fails to hold this, it could see a further slide toward the $580 mark.
Resistance📉:
The first major hurdle for a recovery sits at $730, followed by a stronger resistance zone at $882.
Comparison⚖️
: Despite the recent 23% drop over the last week, BNB is still up roughly 15%–26% year-on-year, showing better resilience than many other major altcoins.
Latest News & Ecosystem Updates
The "Binance Blame Game":
There is currently a heated debate in the crypto space regarding the recent market crash.
While some critics are pointing fingers at Binance’s liquidity and "leveraged positioning," CZ has publicly pushed back against this "FUD," emphasizing the exchange's transparency and net inflows.
Strategic Partnerships:🗯️🗨️
On February 5, Binance renewed its partnership with Islamabad United as the official crypto exchange partner for PSL Season 11, including a welcome reward program for new users in Pakistan running until February 15.
Product Evolution:
Binance recently introduced new features to its Binance Wallet, including token blacklisting for "Meme Rush" and enhanced K-line charts.
Additionally, the platform has expanded its Futures offerings to include traditional assets like Tesla (TSLA), allowing 24/7 trading of stocks via USDT-margined contracts.
Delisting Updates:
Binance conducted a major periodic review on February 6, delisting several spot trading pairs
(such as SAPIEN/BNB and AUDIO/BTC) to maintain market quality.
