The rapid, unexpected price move last Sunday looked frightening, as it happened near peak Bitcoin (BTC) prices. The event sent waves through the trading ecosystem, exposing some of the vulnerabilities. BTC crashed as low as $40,000 on some markets, while preserving a significant premium on the Coinbase spot market.
There is no one reason for the crash, which happened during times of low activity and lower trading volumes. But there are indicators that the market is still easily swayed. Read full story
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