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.
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Bitcoin {{BTC}} lost 23.7% of its value against its Euro trading pair on Coinbase amid a period of volatility on Tuesday.
The exchange said that it will compensate impacted users within 72 hours.
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.