Binance Coin Loses Third Place in Cryptocurrency Ranking Amid US, German Investigations

A screenshot of the website of Binance.US showing the price chart of Binance Coin (BNB), on May 25, 2021. (Screenshot via The Epoch Times)
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News Analysis The Binance Coin recently dropped out of the top three in cryptocurrency market ranking as Binance, the world’s largest crypto asset trading platform, is being investigated by U.S. and German authorities. As of May 25, the Binance Coin (BNB) ranked fourth in market value at $50.8 billion, dropping from $90.5 billion, its market value on May 17 when it ranked third. Bloomberg reported this month that Bin
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