Increasing BUSD problems continue to seriously damage the cryptocurrency market and BUSD side.
As of the current situation, serious differences are observed when comparing the market value of BUSD with the previous year. In particular, BUSD, which reached the highest market value of all time on November 15, 2022, saw a value of approximately $ 24 billion. Looking at the current situation, BUSD, which has a market value of approximately 14 billion dollars, has created a panic atmosphere among investors.
Investors Concerns Continue on BUSD Side
The main issue that has shaken the crypto market lately has been the BUSD crisis. As of today, BUSD problems are observed as one of the reasons for the collapse of the Bitcoin (BTC) price.
BUSD, which started to increase especially after the FTX crisis, reached a record level in its market value. In line with the statements made by the popular crypto exchange Coinbase, its attitude towards BUSD has attracted attention. The opposition to BUSD has currently created an atmosphere of panic among crypto investors. Binance CEO CZ, on the other hand, continues to seek new solutions to the BUSD crisis.
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