Bitcoin’s climb past $110k to within 2% of ATH tightens spread between USD and USDT pairs

Bitcoin broke above $110,000 on July 3, capping a multi-day rally that perfectly illustrated the difference in how it trades across fiat and stablecoin markets. On Binance, the largest exchange by trading volume, BTCUSD held a consistent but narrow premium over BTCUSD in the days leading up to the move, averaging $36. 33, or around 0. 034% source: https://cryptoslate.com/insights/bitcoins-climb-past-110k-to-within-2-of-ath-tightens-spread-between-usd-and-usdt-pairs/