Binance’s BNB Token Pares a Slump That Spread Angst Across Crypto

  • BNB has risen for two days after hitting the lowest since 2022
  • An SEC lawsuit has raised questions about Binance’s outlook
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The native token of Binance, crypto’s largest exchange, has snapped a slide that stoked nervousness among digital-asset investors.

BNB has gained about 8.5% over the past two days to $243, whereas an index of the largest 100 coins is little changed, data compiled by Bloomberg shows.