BNB price risks wiping out its March gains, followed by more losses.
) looks set to wipe out its March gains entirely as investors turn their attention to the latest regulatory crackdown on Binance, the world's leading crypto exchange by volume.On March 27, the U.S. Commodity Futures Trading CommissionBinance and its chief executive Changpeng Zhao , alleging that the company illegally offered crypto derivatives services to Americans and facilitated illicit financial activity.
BNB dropped by over 5.5% to $305 on the announcement day, logging its worst daily performance since Feb. 13, when its price dropped by over 5.8% due to another
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