The scope of the Binance.US error, however, was in a league of its own and did not go unnoticed by market participants.
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The bitrise token has been on a hot streak lately, increasing its value by over 3558 percent in just three months. Experts are calling it the next SafeMoon and Shiba Inu Coin.
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NewsBusiness NewsCryptocurrency NewsCryptocurrency Prices Today: Bitcoin and Ethereum gain over 10% in the last week
Even though the current downside move is sure to shock some investors, slight corrections after reaching new all-time highs are a customary practice for Bitcoin.
Furthermore, With Bitrise, users can trade thousands of tokens with ease and at a minimal cost. They will no longer need to use Pancakeswap or Uniswap to buy/sell them because this new wallet has all that you would ever want.
The above prices are as of 01.09 pm IST on November 9 (Data courtesy: coinmarketcap.com).
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Binance.US formed in 2019 after Binance stopped accepting U.S. investors. The interface and many features are the same, but there are differences such as the amount of cryptocurrencies available to trade in the U.S. vs. elsewhere, as well as which states Binance.US is allowed to operate in. United States users cannot buy crypto using the international Binance platform.
In the last 24 hours, Bitcoin peaked at a new record high price of $68,568.85 according to Coinbase.
Crypto Mode is an independent news source founded in April 2018. We strive to bring you the latest Crypto news. Our goal is to produce interesting and valuable content to our readers and educate you about cryptocurrency.
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This follows the launch of new Bitcoin futures Exchange-Traded Funds (ETFs) in the form of ProShares Bitcoin Strategy ETF, as well as similar moves from Valkyrie and Van Eck.