Why The Bitcoin Flash Crash To $6,400 Isn’t Entirely Bearish: Positive Factors

Bitcoin (BTC) has just seen its craziest hour of price action since the weekend, during which the cryptocurrency market rallied by 20%, if not more. For those who missed the memo, or haven’t checked the charts or Crypto Twitter in a hot second, Bitcoin collapsed by over 15% in minutes on Bitstamp, falling from $7,800 to $6,200.
Interestingly, however, most of the downturn was contained to Bitstamp, a Europe-centric exchange, as there existed a $500 to $600 spread between its BTC/USD pair a