What is happening to CZ's BNB?
BNB, the core token of **BNB Chain** and Binance's utility asset, trades around **$605–$610** as of February 20, 2026, amid ongoing bearish pressure after a sharp early-February sell-off.
Price has declined from February highs near $780–$850, driven by risk-off sentiment, leveraged liquidations, and macro caution, testing supports at $590–$600. Technicals show bearish bias below $641 resistance; failure to reclaim could push toward lower levels, while a bounce might target $642–$692 on reversal patterns.
Fundamentally, BNB Chain shines: it hit ~5 million daily ac