Name: BNB Dropped to 5-Month Low Amid SEC Action Against Binance
Uploaded: 2023-06-08T14:24:00.000Z
Duration: 4 min 33 s
Description: BNB, the Binance Smart Chain’s native token, dropped to a five-month low of $252, according to CoinDesk data. This comes as the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance and CEO Changpeng "CZ" Zhao, and claimed BNB is a security. Valkyrie Chief Investment Officer Steven McClurg shares his crypto markets analysis and outlook.

CD20$1,992.481.54%BTC$73,451.471.96%ETH$2,020.661.61%XRP$1.320.29%SOL$82.551.42%

BNB Dropped to 5-Month Low Amid SEC Action Against Binance | CoinDesk Videos

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CD20$1,992.481.54%BTC$73,451.471.96%ETH$2,020.661.61%XRP$1.320.29%SOL$82.551.42%

BNB Dropped to 5-Month Low Amid SEC Action Against Binance | CoinDesk Videos