📉 BNB hits 5-month high of $271.90 after news of Binance's potential $4.3 billion settlement with the US Department of Justice. Binance founder CZ has agreed to step down as CEO.
- Unclear details of the settlement until press conference on November 21, 3 pm ET
- Cryptocurrency market takes Binance's outcome with CFTC, SEC, and DOJ positively
- BNB volumes, open interest, and options have been rising in the past 24 hours
- BNB price has pulled back from its high, possibly a "buy the rumor, sell the news" strategy