The Bitcoin (BTC) spread on Binance.US, the US subsidiary of the cryptocurrency exchange Binance, has increased by 20 times compared to other leading cryptocurrency exchanges.
Provided by on-chain analytics firm Kaiko data by Binance.US Bitcoin spread (price difference between the buy and sell price) US-based exchanges coinbase And to Kraken increased significantly compared to With the increase in the last week, Binance.US BTC/USDT, BTC/USD spread of trading pairs compared to other cryptocurrency exchanges over 20 times it happened.
Kaiko’s data is also available in the cryptocurrency market. liquidity has begun to shift out of the US. revealed. According to market analysts, the increase in spreads on Binance.US allows users to funds may be at risk and reflects concerns that liquidity is beginning to move abroad.
Behind the said volatility, the US Securities and Exchange Commission’s (SEC) against Binance case exists. With the news of the lawsuit, the relationship between Binance.US and Binance global Scissors opened in Bitcoin price and users Bitcoin sale It was claimed on the record that they left the stock market by doing this.
Parallel to the developments Delist 100 cryptocurrency trading pairs Binance.US, which decided to 10 trading pairs announced that it would withdraw from the stock market. In addition to this announcement, Binance.US announced that it has stopped depositing dollars, stating that bank partners have been challenged by the SEC.
SEC’s for crypto exchanges increased regulatory pressure These days, there is no question about which exchanges and how cryptocurrencies will affect it. uncertainty continues.