Binance accidentally created a support zone for the price structure of $BTC.

Recently, Binance announced that it would adjust the asset structure of the user protection fund SAFU. Converting stablecoin reserves to $BTC.

The SAFU fund will be rebalanced regularly based on its market value. If BTC price volatility causes it to fall below 800 million USD, Binance will replenish it until it reaches 1 billion USD. This is part of #Binance's commitment.

The BTC/USD spot order book on Coinbase and Binance has a huge buy order around 75K.

The price range of 74K - 75K also coincides with the extremely important support price zone of $BTC.

$BNB

BNBUSDT

Perp

775.43

+2.97%

$CLANKER

CLANKERUSDT

Perp

36.28

-1.54%