The market capitalization of BNB (BNB) has dropped by more than $7 billion since June 5, when the United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance.

The impact of the SEC lawsuit on Binance has been substantial so far, with BNB down nearly 15% week-to-date.

BNB daily market capitalization. Source: TradingView
daily price chart. Source: TradingView
BNBUSD weekly price chart. Source: TradingView