Bitcoin Price $700 Higher than Normal on Binance.US! What’s going on?

The price of Bitcoin (BTC) on Binance.US, the US subsidiary of Binance, the world’s largest cryptocurrency exchange, is trading at about $700 higher than the price in the global market.

Bitcoin price on Binance.US has exceeded the price in global markets. BTC/USD While this price gap in the trading pair did not escape the attention of investors, eyes were turned to its cause.

Experts say that this increase in Bitcoin in the USA has been experienced in recent days. with the banking crisis While stating that you have a connection, investors trustworthy port He argued that he converted his assets to Bitcoin. Some experts argue that this price difference weak volume And market makers He attributed it to his withdrawal from the market in the last few days.

On the other hand, this price cut opened in Bitcoin price. anxiety hearer There are also investors. These remarkable fluctuations trump card in the hands of regulatory institutions Investors and analysts, who think that they will give, have many US-based openings specific to Binance. the case reminded.

US Commodity Futures Trading Commission (CFTC) Binance and CEO on March 27 To Changpeng Zhoa (CZ) He filed a lawsuit on the grounds that he unregisteredly offered futures and options contracts. After this case The US Department of Justice (DOJ) recently stated that It launched a new investigation on the grounds that Russian users may have violated sanctions through Binance.

At the time of writing, Binance’s global market 1 Bitcoin at $27,767 while trading Binance.USThe Bitcoin parity in $700 difference with At $28,440 is being traded.

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