Binance announced an expansion of trading options for Arbitrum, Livepeer, and Ravencoin by adding new trading pairs and bots for users.
New Trading Pairs on Binance
From July 1, 2025, Binance will launch trading for new pairs LPT/USDC and RVN/USDC, expanding spot trading options for platform users.
These new pairs create opportunities for trading between the USDC stablecoin and the cryptocurrencies Ravencoin and Livepeer.
The exchange will also facilitate trading bot services, allowing users to trade multiple cryptocurrency pairs simultaneously.
Market Reactions to the Updates
Current market data places Arbitrum at $0.3661, ranked 60 by market cap. Livepeer is priced at $6.30, ranked 245, while Ravencoin is at $0.01415, ranked 271.
Following Binance's announcement, Arbitrum surged by 18%, with total gains reaching approximately 37% in recent sessions. In contrast, Livepeer declined by 6.8% despite the availability of new trading pairs, while Ravencoin exhibited slight fluctuations with a 0.4% drop.
Binance Effect on Cryptocurrency Prices
Tokens often experience sharp price increases following Binance listing announcements, driven by various market factors.
The exchange maintains its position as the world's largest cryptocurrency platform by trading volume. Binance listings provide visibility and credibility, attracting both retail and institutional investors to newly supported cryptocurrencies.
However, these price increases can be temporary, as the initial euphoria wanes and initial investors take their profits.
The expansion of Binance's trading options for Arbitrum, Livepeer, and Ravencoin highlights shifting market dynamics, with tokens responding differently to new opportunities on the platform.
