Why Did Bitcoin Suddenly Flash Crash To $110,700 Yesterday?
11 Articles
11 Articles
Bitcoin, Ethereum, Dogecoin, XRP Slip After Whale Dumps BTC Worth $2.7 Billion: ETH Hits Record High, Analyst Predicts $5,000 'Really Soon' - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
Leading cryptocurrencies fell on Sunday after a massive billion-dollar Bitcoin sale sparked a flash crash.
What’s Next For Bitcoin? Key Developments After Falling To $112,000
The market’s leading cryptocurrency, Bitcoin (BTC), has recently attempted to stabilize around $112,000 after experiencing a sharp decline to $110,000 on Sunday, meaning a 10% drop from all-time high (ATH) levels. Ahead of the Federal Reserve’s (Fed) September meeting, market expert Doctor Profit highlighted on X (formerly Twitter) the upcoming implications and the most important technical indicators that paint a bleak picture for Bitcoin (BTC)…
Bitcoin expanded its fall on Monday, falling below the threshold of 112 thousand USD after a volatile weekend in which its brief rebound faded.According to analyst Felipe Barragan, the sharp fall occurred after the persistent sales of Sunday night, aggravated by the heavy liquidations of more than 850 million USD in the last 24 hours, with long positions representing almost 686 million USD. According to reports, a single large fork was thrown ou…
BTC USD Feels the Pressure as Big Players Shift to Ethereum: What’s Next?
After months of underperforming compared to BTC USD, Ethereum crypto is now in focus. Not only has it been resilient, absorbing selling pressure, but after the disappointment in H1 2025, the coin is on the cusp of breaking 2021 highs. At spot rates, ETH USD is trading above $4,500 after surging to over $4,900 over the weekend. Although prices were rejected and fell to current levels, the uptrend remains. From the daily chart, BTC USD has found k…
The worst part of yesterday’s bitcoin 'flash crash' was social media
The worst part of yesterday’s bitcoin ‘flash crash’ was social media At 3:30pm New York time yesterday, the price of bitcoin (BTC) began to quickly decline. On its most liquid USD trading pair, its price fell from $114,683 to $110,635 within seven minutes. It then settled in the $112,000s range for a couple hours. Immediately, the sudden event went viral. One observer was absolutely convinced, “PEOPLE WILL GO TO JAIL FOR THIS!” Plenty of influen…
The cryptocurrency market has been buoyed by US Federal Reserve (Fed) Chair Jerome Powell's interest rate cut messages. Powell's statements boosted risk appetite, leading to a notable divergence between the Ethereum and Bitcoin pairs. Ethereum set a new record over the weekend, while Bitcoin's decline in value during the same period attracted attention. Ethereum, the second-largest cryptocurrency, reached an all-time high of $4,954.81 on Sunday.…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium