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Did A Trader Buy Bitcoin At A 450% Premium? Not Likely: Price Corrects After Glitch
Wednesday, June 21, 2023 - 9:12am | 314Bitcoin (CRYPTO: BTC) spiked to approximately $138,000 on the Binance.US cryptocurrency exchange today. What Happened: The surge, which occurred specifically in the Bitcoin/Tether trading pair, happened at 6:50 a.m. UTC. It lasted mere seconds before prices realigned with other Bitcoin spot markets...
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Bitcoin Liquidity Drops To 10-Month Low — Panic Selling To Follow?
Friday, March 24, 2023 - 12:09pm | 441The ongoing banking crisis has caused liquidity in Bitcoin (CRYPTO: BTC) to hit a 10-month low, even lower than the aftermath of FTX, a new report has revealed. Cryptocurrency data provider Kaiko highlighted the critical role of market depth, spreads, slippage and volumes in measuring...