The bitcoin price suffered a cataclysmic – and sudden – crash on Wednesday, and one of the world’s most prominent cryptocurrency exchanges failed to handle the load of users scrambling to salvage their portfolios. Bitcoin Price Crashes More Than $2,000 on Bitstamp
The bitcoin price crashed more than $2,000 on Bitstamp. | Source: TradingView After ascending as high as $13,880 earlier today on Bitstamp, a parabolic bitcoin price endured a sudden sell-off. A wave of sell pressure rocked the market at approximately 4:30 pm ET, sending BTC careening downwards.
Within 15 minutes, the flagship cryptocurrency had crashed as low as […]