Good to know
Why did the Bitcoin price crash?
The Bitcoin price started to slide overnight following a market outage in the United States.
According to Bloomberg, a massive spike in exchange traffic led to outages, leaving traders unable to buy or sell the cryptocurrency.
One leading exchange, Coinbase, stated that traffic on its platform hit an all-time high and was eight times the peak demand it experienced back in June.
The confusion appears to have led to panic selling from a lot of traders.
The full article u can find below
https://www.********.au/2017/11/30/why-the-bitcoin-price-crashed-overnight/
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 258000 | 4.1¢ |
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Price($) | Vol. | No. |
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4 | 258000 | 0.041 |
4 | 151682 | 0.040 |
6 | 470999 | 0.039 |
6 | 558528 | 0.038 |
5 | 536245 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 178571 | 1 |
0.044 | 161954 | 5 |
0.045 | 1043316 | 4 |
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