Bitcoin Flash Crash Explained: Causes, Impacts, and Recovery Insights from Brave New Coin
After reaching the long-awaited $100,000 mark, Bitcoin experienced a rapid drop, falling below $94,000 just hours later. Traders celebrated the milestone, but the excitement quickly turned to concern as nearly 6% was wiped off its value in a short sell-off. Analysts suggest that large-scale liquidations, particularly from leveraged positions, triggered this sudden decline, with over ...