Binance has seen a significant decline in media traction, dropping by 103% in recent weeks. This downturn coincides with reports that former U.S. President Donald Trump excluded Binance Coin (BNB) from a proposed cryptocurrency strategic reserve. The reserve, aimed at bolstering the U.S. position in the global crypto market, has sparked debates about the future of BNB and its market value.
The exclusion of BNB from Trump’s crypto reserve has raised concerns among investors and analysts. BNB, which powers the Binance ecosystem, has been a key player in the crypto market, but this move could signal a shift in its perceived value and utility. Market experts are closely monitoring the situation, as the price of BNB could face increased volatility. While some believe the impact may be short-term, others warn of potential long-term repercussions if Binance fails to regain its media traction and market confidence.
