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$2,017.351.35%BTC$73,494.070.25%ETH$2,014.470.034%XRP$1.342.31%SOL$82.360.24%

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

Loading video...

CD20$2,017.351.35%BTC$73,494.070.25%ETH$2,014.470.034%XRP$1.342.31%SOL$82.360.24%

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