BNB price showed rare resilience in Saturday’s $34 billion crypto market crash, holding above $1,000 despite intensified liquidations.
By Ibrahim Ajibade
Editor Kirsten Thijssen
Updated
2 mins read
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 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.
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.
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.
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.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.