Bitcoin’s $24,000 Flash Crash on Binance: Risks Explained
The BTC/USD1 trading pair on Binance experienced a brief flash crash. Bitcoin plunged to $24,000 before quickly recovering. The incident did not affect Bitcoin prices on major pairs such as BTC/USDT. However, it highlighted liquidity risks in newly launched trading pairs. Sponsored BTC/USD1 crash to $24,000 exposes low-liquidity risks According to market data from Binance,...
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