Bitcoin witnessed a sudden flash crash to about $24,111 on the BTC/USD1 trading pair on Binance, before quickly rebounding to $87,000 in seconds. Per the exchange data, the move appeared isolated to USD1, the stablecoin launched by Trump family-backed World Liberty Financial. Source: Binance This type of “flash wicks” occurs when liquidity thins and order books lose depth. The BTC/USDT trading pair has remained stable after resuming. Bitcoin Flash Wicks and Quick Reversal During non-peak trading hour ...

Week in Meme Coins: BNB Chain Airdrops $45m Relief To 160k Meme Traders, Bonk.​Inc Launches.Flash crash hangover brutal: $19B wiped from leveraged traders! BTC below $112K, Fed rate cut hopes couldn't save alts! Meme sector taking the sharpest hits!Let's go! 🧵1/6 https://t.co/WV1MAKBSKL ...

If you look closely this whole crash was engineered to wipe out leverage.Bitcoin still above $115kETH above $4,000High caps almost recoveredMid-Low caps down -30%No major Bull market structure was broken just pure $19 Billion leverage liquidations. Total crypto mcap is still $3.91T and climbing up to ATH of $4.3T.This shows us the flash crash was just a massive shakeout before the monster pump of Q4.Drop a 👍 if you are still bullish on Q4 ...

Market Analysis - Bitcoin experienced a $278 billion flash crash in 45 minutes [1] - Bitcoin price is now less than 5% below pre-crash levels [1] - Market sentiment is bullish [1]