BNB Dips 4.5% as Tariffs, Strong Dollar and Fed Policy Pressure Crypto Markets

BNB fell over 4.5% in the past 24 hours, dropping from around $805.7 to $766 as investors moved away from risk assets amid fading hopes for U.S. interest-rate cuts and a strengthening dollar [1]. The price decline accelerated near $803, where trading volume surged by approximately 56% above average, marking a turning point according to CoinDesk Research’s technical analysis model. BNB then sharply declined, breaking through key short-term support levels at $789 and $777 [1].

The $767 level emerged as a critical battleground, absorbing heavy sell orders and stalling the decline. A brief rebound to $769 failed to gain momentum, as buying interest quickly faded [1]. This downward pressure coincided with the implementation of new U.S. tariffs, with some taking effect on August 1 and others on August 7. These tariffs contributed to the U.S. dollar index rising above 100 for the first time since May [1].

Meanwhile, the Federal Reserve’s preferred inflation measure, core PCE, rose 2.8% year-over-year in June, further dimming expectations for a rate cut in September [1]. The BNB decline mirrors the broader crypto market downturn, with the CoinDesk 20 (CD20) index falling 5.8% in the same period [1].

Despite the price drop, BNB is experiencing growing corporate adoption. CEA Industries (VAPE), supported by Binance co-founder Changpeng Zhao’s family office Yzi Labs, announced plans to raise up to $1.2 billion to build what it described as the largest U.S.-listed BNB treasury [1]. Similarly, Liminatus Pharma (LIMN) launched a BNB investment arm with a $500 million funding target, while Windtree Therapeutics (WINT) revealed a $700 million BNB acquisition strategy. Nano Labs also reported purchasing 128,000 BNB as part of its new crypto treasury initiative [1].

The mixed signals from macroeconomic indicators and policy shifts highlight the challenges facing crypto markets. While rising tariffs and inflationary pressures drive risk-off sentiment, corporate adoption of BNB suggests continued long-term interest from institutional players [1].

Source: [1] BNB Slides as Tariffs, Stronger Dollar and Fed Policy Weigh on Crypto Markets (https://www.coindesk.com/markets/2025/08/01/bnb-slides-as-tariffs-stronger-dollar-and-fed-policy-weigh-on-crypto-markets)