Binance.US’ Bitcoin price shows significant divergence

Quick Take

• After the SEC sued Binance on Monday, Binance users started withdrawing coins from the exchange.
• Late last night, the price of Bitcoin on Binance U.S. started to diverge from BTCUSD on Coinbase.
• Currently, the price is at $28,500, which suggests the price is up almost 5% today, while the BTCUSD price is -1.62% today at $26,779.

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