BNB price dips as Binance withdrawals take centre stage amid FUD

A lot is going around about Binance payout problems, dwindling reserves, sanctions violations, and investigation by the US Attorney’s office.
As a result withdrawals from the exchange have surged in the past 24 hours.
Binance had earlier today temporarily halted withdrawals of USDC on ETH and BNB chains.BNB price has taken a hit amid the ongoing online discussions about a number of issues with the largest cryptocurrency exchange Binance. At press time the BNB coin was trading at $268.55,