Bitcoin priced on Binance.US crypto exchange at $700 premium

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Bitcoin priced on Binance.US crypto exchange at $700 premium
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The current market price of Bitcoin is roughly 2% less than the BTC price quoted on Binance US.

Amid the global cryptocurrency exchange Binance recovering from several halts of Bitcoin withdrawals, its American arm, Binance.US, is selling BTC at a premium.

The price of Bitcoin on Binance.US is $700 more expensive than the cryptocurrency’s market price on May 9. At the time of writing, or around 1:30 am UTC, Bitcoin was trading at $28,393, according to data from Binance.US Bitcoin page.According to data from CoinGecko and CoinMarketCap, the current market price of Bitcoin amounts to $27,722, which is roughly 2% less than Bitcoin’s price quoted on Binance.US.

The highest intraday price of Bitcoin on Binance.US amounted to as much as $28,600, while the intraday high for its market price only equaled $28,004. In the meantime, Bitcoin’s lowest intraday values ranged from $27,350 to $27,669 on Binance.US.Binance.US’ Bitcoin premium comes shortly after Binance, the main global exchange, suffered major withdrawal issues on May 7.

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