BNB Crashes 7% Overnight — Is Another Crypto Crackdown Coming?
Binance Coin (BNB) took a sharp hit today, dropping around 7% amid whispers of potential regulatory pressure from a major country in Asia. Although nothing has been confirmed and Binance hasn't released any official comment, the rumours alone were enough to shake the market.
Traders are split on what to make of the dip. Some believe it's just a knee-jerk reaction and expect a quick recovery, while others worry it could signal something more serious—possibly echoing past regulatory crackdowns.
At the same time, activity on Binance Futures surged, with trading volume jumping over 20% as volatility drew in short-term speculators.
This situation is still developing, and any statement from Binance could quickly turn things around. Stay alert.
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