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Binance Coin Price Risks Crash to $700 as Key BSC Metric Plunges 80%

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Binance Coin price dropped by over 1% today, Dec. 29, as the crypto market remained under pressure. The BNB token was trading at $850, down sharply from the year-to-date high of $1,375. It is at risk of a deeper dive, potentially to the key support level at $700 as a risky pattern forms and key metrics, including transactions and futures open interest plunge.