BNB, the cryptocurrency on the coronary heart of the Binance trade ecosystem, is approaching its lowest value degree in additional than a yr as controversy swirls around the globe’s largest digital-asset buying and selling platform.
The token dropped as a lot as 3.6% to $203.59 on Tuesday, bringing its loss for the yr to round 15%. The decline comes even with crypto bellwether Bitcoin, which accounts for about half the $1 trillion market’s worth, rallying greater than 50% since December. BNB has a market capitalization of round $32 billion, making it the fourth-largest crypto asset.
