The market value of BUSD has fallen below the 1 billion USD mark, currently dropping to 924 million USD
On the evening of January 5th, after Paxos destroyed 65.06 million BUSD, the market value of BUSD has fallen below the $1 billion mark. According to the latest data from Coingecko, it has now dropped to approximately $924 million, equivalent to its level before 2021.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cathie Wood’s ARK Sells Bitcoin ETF, SpaceX and Robinhood Shares in Portfolio Shift
Analyst Gu Jingci: 10.10 Bitcoin/Ethereum Evening Trading Strategies and Market Analysis
Tekedia Capital flags signs global bond sell-off is losing momentum
Dogecoin ETF to Shut as Bitwise CEO Flags Weak Demand