CoinVoice has learned that Bedrock officials stated on platform X: "Noticed that after Binance announced new Alpha trading rules on July 21 at 12:15 (UTC), the market dynamics of the BR token changed. After the announcement, although the price of the BR token initially remained stable, the liquidity in the BR / USDT liquidity pool began to flow out."
Since 10:00 Beijing time on July 22, increased price volatility has been observed. Community members are encouraged to act rationally and cautiously when trading or providing liquidity. Bedrock's LP address on PancakeSwap remains unchanged, and no liquidity has been withdrawn."
Previously, the BR price sharply dropped by over 50% at 9:55 Beijing time today. [Original link]