'Instantly skyrocketing' DOGE trading volume surges 10 times

The House version of stablecoin legislation was released publicly as another bill on crypto clarity was reintroduced and the Senate weighed its crypto IRS effort.

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The perpetual trading volume of Binance BCH/USDT surged 25 times within 10 minutes, with a turnover of 410 million US dollars in the past 24 hours, an increase of 0.23%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.

The US stock market closed down, with the Dow Jones Industrial Average falling 0.31%, the Nasdaq falling 2.04%, and the S&P 500 index falling 1.12%.

The current price of BTC is $86348.26, with a drop of 1.72% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 33.45 million US dollars, with multiple main liquidation orders and BTC liquidation of 10.39 million US dollars (31.07%). The data is for reference only.