BNB Price Stalls Above $860 Amid Growing Binance Scrutiny and Market Pressure

The price of Binance Coin (BNB) has managed to hold above the $860 level, yet its performance continues to lag behind the broader cryptocurrency market. This underperformance coincides with increasing regulatory and legal scrutiny targeting its parent exchange, Binance. While the overall market shows signs of recovery or bullish momentum, BNB's price action remains relatively muted. Analysts point to the ongoing challenges faced by Binance, including legal settlements and compliance investigations in multiple jurisdictions, as a key factor creating headwinds for the token. The market is closely watching whether BNB can decouple from these negative overhangs and catch up to the market rally, or if the exchange-related pressures will continue to suppress its growth potential in the near term.