Bitget Token Tumbles 52% on ‘Market Sluggishness,’ Exchange Says, While Promising Compensation
Crypto exchange Bitget promised to compensate holders of its native Bitget Token (BGB) for losses suffered during a slump of as much as 52% on Monday.
flash crash
Bitcoin/Euro Suffers Flash Crash on Coinbase
Bitcoin {{BTC}} lost 23.7% of its value against its Euro trading pair on Coinbase amid a period of volatility on Tuesday.
Crypto Exchange OKX’s Token Suffers 50% Flash Crash Amid Liquidation Cascade
The exchange said that it will compensate impacted users within 72 hours.
What Caused Bitcoin’s 10% Crash: Matrixport? Jim Cramer? Leverage?
Bitcoin cratered almost 10% below $41,000 early Wednesday around the time Matrixport’s report about warning of a spot BTC ETF decline, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.