Bitcoin’s price fell 14% in a period of just 30 minutes following a ‘flash crash’ on exchange Bitfinex yesterday night.
The CoinDesk Bitcoin Price Index had been holding steady between $250 and $255, but dropped to a low of $214.36 just before midnight (UTC). In the same period, the Bitfinex price sunk 29% to $179.35. coindesk-bpi-chart (10) Bitfinex, which claims to be the most liquid exchange in the world, experienced the ‘flash crash’ following a […]
