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Low Velocity

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The Latest BTC Flash Crash - What Could Be the Cause?

The sudden decline in Bitcoin value today could be because of a significant drop in network velocity, said Byte Tree CEO James Bennet. The flash crash wiped away up to $500 from the pioneer cryptocurrency, as investors engaged in rapid-fire selling. The loss happened within minutes and saw BTC price reduce from $8000 to $7769.90. [...]

Tony P.Oct 23, 20192 min read
Flash Crash
Low Velocity | TheCCPress