Binance Coin (BNB) Dips 4% Amid Global Trade Tensions Despite SEC Victory
Binance Coin (BNB) experienced a 4% decline, dropping from $672.53 to $646.27, as global trade war fears overshadowed a significant regulatory win for Binance. The SEC’s dismissal of its securities case against Binance failed to buoy the token, with broader market unease driven by new U.S. tariff announcements and President Trump’s trade policy shift. This risk-off sentiment affected multiple asset classes, including cryptocurrencies, highlighting the market’s sensitivity to macroeconomic factors despite positive regulatory developments.
BNB Slips 4% Amid Trade War Fears Despite SEC Lawsuit Dismissal
Binance Coin (BNB) fell nearly 4% as global trade tensions eclipsed a major regulatory win for its parent exchange. The token dropped from $672.53 to $646.27, mirroring broader market unease following new U.S. tariff announcements. President Trump’s trade policy shift triggered risk-off sentiment across asset classes, dragging crypto markets despite the SEC’s voluntary dismissal of its long-running securities case against Binance.
BNB Chain maintained robust activity during the selloff, with BSC recording 1.93 million daily users and opBNB crossing 2 million. Weekly trading volume reached $69.75 billion against $10.5 billion in TVL. The ecosystem saw key launches including UpTop (DeFi), Volare Finance (options), and WeApe’s stablecoin payments. Network upgrades progressed with the Maxwell Hardfork testnet activation and new RWA incentives.
Binance Coin Faces New Challenges as Market Volatility Rises
Binance Coin (BNB) has declined nearly 4% in the past 24 hours, dropping from $672.53 to $646.27 amid heightened market volatility. The sell-off accelerated during peak trading hours as global trade tensions rattled cryptocurrency markets.
U.S. trade policy uncertainty under former President Trump’s tariff threats contributed to the downturn. While the SEC’s dismissal of its lawsuit against Binance provided temporary relief, macroeconomic forces overshadowed this positive development for BNB.
The BNB Chain ecosystem continues to show strong fundamentals, with Binance Smart Chain recording 1.93 million daily active users and opBNB surpassing 2 million. Network activity remains robust despite the price pressure.