Bitcoin

<ul><li>Binance BTC liquidity for BUSD and USDT dropped by almost 70%.</li><li>Conversely, the BTC-TUSD trading pair saw a 250% hike within 24 hours.</li><li>Traders bought and sold over $18.5 billion of crypto Binance in the past 24 hours.</li></ul>Data from Kaiko, a market intelligence firm, shows that the liquidity for BTC-USDT and BTC-BUSD trading pairs on the most prominent crypto marketplace, Binance, has dropped significantly by almost 70% and 60%, respectively.On the flip side, the BTC-TUSD trading pair has seen an impressive increase of over 250% in liquidity, going from just 9 <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" rel="noopener noreferrer nofollow">Bitcoin</a> to 29 BTC within a 24-hour window. A researcher at the data analytic firm noted that the considerable drop in liquidity was due to Binance’s recent decision to remove its flagship no-fee trading feature for all BTC pairs except BTC/TUSD.<a href="https://coinedition.com/binance-btc-usdt-liquidity-falls-70-after-revoking-zero-fee-trading/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Binance BTC-USDT Liquidity Falls 70% after Revoking Zero-fee Trading

Coin Edition

Další články publikované 23. 3. 2023

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