Bitcoin prices were hovering around $30,000 on major exchang

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Bitcoin prices were hovering around $30,000 on major exchanges, but suddenly spiked to $138,000 yesterday on Binance US. 🚀 Volatility and market volatility are commonplace among crypto traders, but it's not every day that we see the price of Bitcoin soaring 450%. 🚀 The move only occurred on Binance US – an exchange that is experiencing some serious difficulties and has seen a drop in market depth of around 80%. 🚀 Therefore, the spike is a consequence of thin liquidity on the exchange, especially in the BTC-USDT market pair. #BTC #bitcoin

Bitcoin prices were hovering around $30,000 on major exchanges, but suddenly spiked to $138,000 yesterday on Binance US.
🚀 Volatility and market volatility are commonplace among crypto traders, but it's not every day that we see the price of Bitcoin soaring 450%.
🚀 The move only occurred on Binance US – an exchange that is experiencing some serious difficulties and has seen a drop in market depth of around 80%.
🚀 Therefore, the spike is a consequence of thin liquidity on the exchange, especially in the BTC-USDT market pair.
#BTC  #bitcoin  