CryptoPotato - BNB Dumps to 3-Month Low Amid SEC Lawsuit, BTC Slumps Below $26K (Market Watch)
The price of Bitcoin and other cryptocurrencies dropped significantly after the US Securities and Exchange Commission (SEC) filed a lawsuit against Binance, the world's largest cryptocurrency exchange.
BNB, Binance's native cryptocurrency, fell the most, dropping by 8% and reaching its lowest price in 3 months.
The total market capitalization of cryptocurrencies fell by over $50 billion to under $1.1 trillion.
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