The market capitalization of BNB (BNB) has dropped by more than $7 billion since June 5, when the United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance.
The impact of the SEC lawsuit on Binance has been substantial so far, with BNB down nearly 15% week-to-date.
BNB daily market capitalization. Source: TradingViewBNB/USD daily price chart. Source: TradingViewBNBUSD weekly price chart. Source: TradingView
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