Why did BNB fall 4% despite Binance’s legal victory against the SEC?**
BNB’s decline occurred alongside global trade tensions overshadowing Binance’s regulatory win[4]. Markets reacted more strongly to China’s announcement of tech export controls affecting blockchain infrastructure providers[4]. The SEC case dismissal was already partially priced in after earlier court filings hinted at favorable outcomes[4].
This divergence underscores how macroeconomic factors increasingly drive crypto valuations alongside sector-specific news. Traders appear concerned about potential supply chain disruptions for mining hardware and compliance costs from new trade barriers[4]. Binance’s native token now faces pressure from both geopolitical risks and competition from Ethereum-based alternatives[4].