Newsflash: Bitcoin Price Crashes to $6,400 Triggered by Massive $35 Million Sell Order

2019-5-17 10:19

By CCN: On May 17, within minutes, the bitcoin price plummeted from around $7,800 to $6,400 in a flash crash, recording an unexpected 18 percent drop. The sudden decline in the bitcoin price led the valuation of the crypto market to plunge from $257 billion to $225 billion, by more than $32 billion in less than 24 hours.

What triggered the sudden bitcoin price drop? According to researchers and investors including Su Zhu, the CEO at Three Arrows Capital, and Eric Conner, a product developer at Gnosis, the bitcoin price plummeted as soon as a several thousand bitcoin sell order

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Bitcoin (BTC) на Currencies.ru

$ 65882.64 (-0.52%)
Объем 24H $40.373b
Изменеия 24h: -2.12 %, 7d: -3.86 %
Cегодня L: $64424.28 - H: $67683.79
Капитализация $1317.234b Rank 1
Цена в час новости $ 7248.18 (808.95%)

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