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hiBinance reopens for spot trading
A leading cryptocurrency exchange suspended all trading after a problem with spot trading at noon. The problem occurred at a time when the market was more stable and triggered a reaction from investors.
Bitcoin, the world's largest digital asset, lost key positions due to problems on the Binance exchange. The BTC/USD pair suddenly fell $400, losing the $28,000 level. However, Bitcoin quickly regained the $28,000 price level. Currently, the price is volatile again.
The first statement about the problem came from the exchange and the CEO of CZ. The problem, which was fixed in about 3 hours, has been fully resolved. The problem that occurred in the picking mechanism was solved by the team.
Important Notice: The material provided is for informational purposes only and does not constitute investment advice. The Rao Cash editorial team is not responsible for your financial decisions. Cryptocurrency assets involve high risks — conduct your own research (DYOR).
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