Newslink: Bitcoin's Big Price Drop Is the Latest in a Long History of Flash Crashes

in #newslink • 5 years ago

On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when the market is extremely bullish, flash crashes have been prevalent.

https://news.bitcoin.com/bitcoins-big-price-drop-is-the-latest-in-a-long-history-of-flash-crashes/

#bitcoin #cryptocurrency #markets
5 years ago in #newslink by
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