### Top Story BNB recovered above $970 after a sharp drop below $1,000, as increased market volatility pressured the token earlier in the day[^[1]](https://www.coindesk.com/markets/2025/11/12/bnb-recovers-above-usd970-after-brief-drop-as-market-volatility-pressures-token). The rebound follows a period of selling that pushed BNB into bearish territory, highlighting rapid shifts in sentiment[^[2]](https://www.coindesk.com/markets/2025/11/11/bnb-slips-below-usd1-000-as-selling-pressure-pushes-token-into-bearish-territory). ### Other Highlights - BNB briefly slipped below $1,000 due to selling pressure, signaling heightened caution among traders[^[2]](https://www.coindesk.com/markets/2025/11/11/bnb-slips-below-usd1-000-as-selling-pressure-pushes-token-into-bearish-territory). - Significant Bitcoin withdrawals from Binance contributed to broader market volatility, with Bitcoin price swings drawing attention to exchange flows. - The crypto market is seeing large movements by Bitcoin whales and miners, raising questions about potential impacts on liquidity and sentiment. - B. Riley flagged signs of recovery in digital asset treasuries, suggesting some positive signals in the wider crypto sector[^[5]](https://www.coindesk.com/markets/2025/11/12/b-riley-flags-recovery-signs-in-digital-asset-treasuries-as-bitmine-extends-ether-lead). ### Market Context BNB fell 1.02% over the past 24 hours, underperforming the CD20 index, which rose 0.41%. The underperformance may be linked to exchange-specific volatility, including large Bitcoin outflows from Binance, while some macro indicators hint at recovery in digital asset treasuries[^[5]](https://www.coindesk.com/markets/2025/11/12/b-riley-flags-recovery-signs-in-digital-asset-treasuries-as-bitmine-extends-ether-lead). ### What’s Next? BNB's recovery above $970 after a sharp decline suggests ongoing volatility tied to exchange flows and broader market sentiment. Investors will be watching whether BNB can sustain its rebound or if renewed selling pressure will drive further declines.

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