Why Bitget’s exchange token slumped 50% on Monday, what to expect from BGB

Bitget’s exchange token (BGB) had a very volatile start to the week and dropped by over 50% early morning on Monday, down to a low of $0.5344. source: https://www.fxstreet.com/cryptocurrencies/news/why-bitgets-exchange-token-slumped-50-on-monday-what-to-expect-from-bgb-202410070930