According to sources on June 6, Bitcoin is trading at a $2,000 premium on Binance US, an exchange the United States Securities and Exchange Commission (SEC) claims is controlled by Changpeng Zhao and Binance Global. According to screenshots widely circulated on Twitter, BTC, at one point, was reportedly trading at $28,505, a price level that was roughly $2,000 higher than the global BTC average of around $26,500 at the time. Bitcoin Trading At A $2,000 Premium on Binance US From price charts, Bitcoin remains volatile even at spot rates. Less than 24 hours after slumping to as low as $25,900 on June 5, the coin reversed losses on June 6. Yesterday, the price of BTC surged, reaching levels as high as $27,000. This upward movement contradicted the bearish forecasts that analysts had previously made for June 5. Additionally, this positive price movement helped alleviate concerns that the SEC lawsuit against Binance would hurt the value of BTC. Related Reading: Bitcoin 24-Hour Volatility Soars, Why Bulls Could Win Fight In Short-Term Tumbling Bitcoin and crypto prices on June 5 coincided with accusations from the US regulator. The SEC listed 13 c ..
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