Applications for licenses for crypto exchanges in Brazil are due Friday, a policy milestone that comes against a backdrop of broad market weakness: BTC is currently at 77517.38 USDT, down 2.86% over the past 24 hours, with approximately 2.328 billion USDT in trading volume; ETH is at 2216.42 USDT, down 3.55%, with 1.153 billion USDT in trading volume; BNB is at 715.01 USDT, down 4.10%, with 477 million USDT in trading volume.
All three coins have pulled back, with BNB posting the steepest decline. This looks more like a broad cooling in risk appetite and is difficult to attribute to Brazil alone. The next thing to watch is whether BTC can reclaim the 78000 USDT level. If local deposit and withdrawal channels remain largely uninterrupted after the deadline passes and the price recovers this level, the regulatory development can essentially be treated as background noise for the market.
#巴西加密交易所须周五前申请牌照 $BTC $ETH $BNB
All three coins have pulled back, with BNB posting the steepest decline. This looks more like a broad cooling in risk appetite and is difficult to attribute to Brazil alone. The next thing to watch is whether BTC can reclaim the 78000 USDT level. If local deposit and withdrawal channels remain largely uninterrupted after the deadline passes and the price recovers this level, the regulatory development can essentially be treated as background noise for the market.
#巴西加密交易所须周五前申请牌照 $BTC $ETH $BNB