1 / 1 Relevant items tagged with #FlashCrash

Posts: 9

Posts

What is a flash crash in Bitcoin, and why does it matter?

[Apr 25 2:48 PM] What is a Bitcoin flash crash? A Bitcoin flash crash is a sudden, sharp plunge in the market price of BTC that only lasts a short period of time before prices start to normalize. The appearance of unique market conditions causes a jolt in the…

Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900

[Mar 18, 2024 11:39 PM] Bitcoin’s price on Bitmex plummeted to $8,900 in a flash crash late Monday, diverging significantly from the global average price of around $67,400, due to large sell orders on the XBT/USDT pair. Bitmex is investigating the incident, which…