Insights

Binance.US’ Bitcoin price shows significant divergence

exchange681 week ago

0 0 1 minute read

Quick Take

After the SEC sued Binance on Monday, Binance users started withdrawing coins from the exchange.
Late last night, the price of Bitcoin on Binance U.S. started to diverge from BTCUSD on Coinbase.
Currently, the price is at $28,500, which suggests the price is up almost 5% today, while the BTCUSD price is -1.62% today at $26,779.

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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