Bitcoin Didn’t Crash to $24K: Here’s What Really Happened on Christmas
Bitcoin’s $24K drop was caused by a brief issue on an illiquid trading pair. The BTC/USDT market remained unaffected. On Christmas Day, rumors spread that Bitcoin had crashed to $24,000. However, this “crash” was a result of a temporary issue on a single Binance trading pair, not a widespread market collapse. The panic was caused...
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