1219: BITCOIN FLASH SPIKES TO $50K ON BINANCE AFTER USD COIN PEG SNAPS!!
0:00
24:45
The market frenzy that started with the Silicon Valley Bank collapse is pushing the Bitcoin price higher, with some casualties left behind.
The panic caused due to USD Coin’s (USDC) depeg from the U.S. dollar manifested itself in a wrong order, costing traders $50,000 per BTC (the king crypto) albeit for several minutes.
The BTC/USDC pair on Binance flash spiked to $50,000 on March 12 around 7:00 pm UTC. The reason for the impulse spike is unknown and was likely due to a “fat finger” trade of a large order.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Otros episodios de "Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News"
No te pierdas ningún episodio de “Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News”. Síguelo en la aplicación gratuita de GetPodcast.