BNB slips toward $850 as market pullback weighs on token

The decline comes as bitcoin sank back to $87,000 in Tuesday trade.\nWhat to know : The price of BNB has dropped over 1.5% over the past 24 hours to around $850. The decline comes amid a wider market drawdown, with bitcoin pulling back to the $87,000 level. Traders expect consolidation between $850 and $870, with a potential break above that range leading to a move towards $900.