The current price for the BNB coin is less than US$700, and I believe that this is the impact of the exchange hack. Obviously, if something wrong happens with the exchange, some of the people will get scared, and they might start selling.

I have to mention that the exchange has managed the entire situation in such a way that is really great, and we must appreciate what Binance Exchange has done. They have made sure that all the losses are managed by the exchange through their balance sheet, and there is no loss for the users.

Because of that impact, probably this little turbulence on the BNB price is obvious, and I don't see any problem with the coin prices up now. But I believe that things are going to be valuable once the market takes a U-turn, because we have also seen this impact on the Bitcoin price after the hack event. When every coin starts going up, the CM impact can also be seen on the BNB in the market.

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