Bitcoin Price ‘Flash Crashes’ To $6.1K – Here’s The Likely Reason Why

A 5,000 BTC dump on Bitstamp likely caused the bitcoin price flash crash that occurred during the early hours (UTC) of Friday (May 17, 2019). Bitcoin plunged to as low as $6,100 on the exchange but has since recovered over $7,000 over the past few hours. Whale Dump, ‘Fat Finger Error,’ or Bot Glitch A trader on the Bitstamp exchange reportedly put up a sell order of 5,000 BTC at an oddly low price of … Continue reading Bitcoin Price ‘Flash Crashes’ To $6.1K – Here’s The Likely Reason Why