BitMEX Data Glitch Sees Bitcoin Price Temporarily at $8,000, What Happened?
One of the most popular Bitcoin exchanges in the global market has experienced a data glitch in their system which sent the price of Bitcoin from $6,500 to $8,000 within minutes.
Given that no trades were executed at the $8,000 mark, it is highly likely that the sudden jump in the price of Bitcoin was merely a visual bug. But, investors in the cryptocurrency sector have criticized the exchange, stating that such abnormal behaviour may decrease the probability of a Bitcoin ETF being approved in t
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