I want to know the current exchange rate for $1 in Binance, the cryptocurrency exchange platform. I'm curious about how much it is worth in terms of cryptocurrency.
This decrease in trading activity could be attributed to various factors, including market sentiment shifts, investor behavior, or even temporary liquidity issues. Nonetheless, it underscores the dynamic nature of cryptocurrency markets.
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DanieleFri Oct 11 2024
Currently, the valuation of Binance USD (BUSD) stands at $1.00 per unit. This stability reflects its peg to the US dollar, ensuring trustworthiness for investors.
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IlariaFri Oct 11 2024
The total number of BUSD tokens in circulation amounts to 69,511,447.778. This significant supply underscores the growing adoption and usage of Binance USD across various blockchain-based transactions.
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IlariaFri Oct 11 2024
Based on the current price and circulating supply, Binance USD boasts a total market capitalization of $69,522,018.04. This figure highlights the cryptocurrency's economic significance within the broader digital asset landscape.
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PietroFri Oct 11 2024
However, in the past 24 hours, the trading volume of Binance USD has undergone a notable decline. Specifically, the amount traded has fallen by $681,719.84, representing a 12.29% reduction.