Bitcoin “Flash Crash” Attributed to Immature Market Making – ValueWalk Premium
bitcoin 1 minute

Bitcoin “Flash Crash” Attributed to Immature Market Making

Bitcoin experienced a “flash crash” this morning, dropping from near $700 to $100 early Monday before stabilizing.  The lunchtime price, quoted at Bitcoin Wisdom, stood near $655.

As reported in ValueWalk earlier this morning, the price dive occurred as talk of a crackdown in the U.S. and Russia came on the back of a technical glitch hitting the largest Bitcoin processor, Japanese-based Mt. Gox, all of which riled participants in the . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0