$BTC

The Binance platform is one of the most prominent trading platforms in the global cryptocurrency market, and it experiences sharp fluctuations in the prices of digital assets on a daily basis. These fluctuations are due to several factors, the most prominent of which are supply and demand, global news, and whale movements (large investors).#SHELLAirdropsOnBinance

The release of economic or regulatory news, such as changes in government laws or statements from financial authorities, often leads to sudden price changes. For example, an announcement by a country to legalize cryptocurrencies may quickly raise prices, while a ban leads to a sharp decline.

The collective emotion of investors also plays an important role. Fear or greed can drive thousands of traders to sell or buy quickly, causing sharp rises or drops within minutes. It is common for Binance to witness significant activity during announcements of U.S. interest rates or changes in global interest rates.

It is important to note that the liquidity of certain currencies directly affects the degree of volatility. Low liquidity currencies are quickly affected by large buying or selling movements.

Therefore, traders on the Binance platform are advised to use technical analysis tools, follow clear strategies for risk management, and not get caught up in emotional market waves. Market fluctuations are part of its nature.$PEPE