The Bitcoin Prize has reached the $ 138,000 mark at Binance Us: here is the reason

The Bitcoin Prize has reached the $ 138,000 mark at Binance Us: here is the reason

The Bitcoin price is around $ 30,000 on the large stock exchanges, but at Binance US it rose to $ 138,000 yesterday.

• Volatility and market turbulence are things that most dealers are used to in the crypto sector, but we do not experience every day how the price of Bitcoin increases by 450 %.
• The step only took place at Binance Us - a stock exchange that goes through serious turbulence and whose depth of the market has decreased by about 80 %.
• Therefore, the wick was a consequence of the low liquidity on the stock exchange and in particular the BTC anddt market couple.

Binance via tradingview

• At this point, the total trading volume on the market couple BTC-Unddt was around $ 400,000. At the moment it is just under $ 12 million, which is still particularly illiquid.
• For comparison: The current volume of the BTC-Unddt market couple on Binance has been almost $ 3 billion in the last 24 hours alone.

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