BNB Holds Strong at $653 Despite 2.33% Dip, Institutional Interest Grows on Regulatory Clarity

BNB is currently trading at $653.85, with a 24-hour trading volume between $1.86 billion and $2.02 billion, a market capitalization of approximately $91.3 billion to $92.1 billion, and a circulating supply near 140.9 million BNB; the price has decreased by 2.33% over the past 24 hours. The recent minor decline in BNB’s price follows broader market consolidation, with the global crypto market cap down 2.58% in the same period, despite positive sentiment from the SEC dropping its lawsuit against Binance and the resumption of USD services on Binance.US. This regulatory clarity has boosted longer-term optimism and institutional interest in BNB, but short-term price action reflects general market volatility rather than negative asset-specific developments.