PSG Drops 16.79% Amid Strong Volume as Club Reveals Bitcoin Treasury at Major Conference

The Paris Saint-Germain Fan Token (PSG) is currently trading at $1.947 on Binance, reflecting a 16.79% decline over the past 24 hours, with a 24-hour opening price of $2.340 and trading volume remaining strong at approximately $14.18 million. The significant price drop coincides with heightened attention from the recent Champions League final and the club’s announcement at the Bitcoin 2025 Conference that it has held Bitcoin in its treasury reserves since 2023. While the news of PSG adopting Bitcoin as a treasury asset marks a major development in the convergence of sports and cryptocurrency, the short-term price decline appears to be driven by broader market volatility and profit-taking following recent high-profile events, rather than negative sentiment surrounding the club’s crypto initiatives. Trading activity suggests continued market interest despite the recent volatility.