BTCUSD Today, February 07: Binance $1B Dip-Buy Plan Lifts Sentiment
The Binance bitcoin buy plan is in focus today as the exchange said it would allocate up to $1 billion to purchase bitcoin for its user protection fund. That headline, alongside Justin Sun bitcoin buy plans of $50–$100 million, signals active crypto dip buying and a potential floor for spot prices. For US traders, this could stabilize BTCUSD during New York hours and narrow spreads. We break down how the Binance SAFU fund move and added bids may influence liquidity, volatility, and near‑term strategy.
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