BNB Token Misses Crypto Market Surge, Gets Left Behind During Bitcoin Rally

Published by
Benzinga
Benzinga
As the crypto world rejoiced in the surge of Bitcoin, Ethereum, and various meme coins, Binance’s BNB token experienced a sense of missing out, failing to enjoy the upward trend of gains that the wider cryptocurrency market was witnessing. What Happened: After the crypto exchange Binance pleaded guilty to anti-money-laundering and sanctions violations and was hit with a $4.3 billion penalty, its native token BNB (CRYPTO: BNB) felt the pressure and missed out on the broader crypto rally which took BTC to its highest levels in 19 months. The Justice Department has filed criminal charges against …