Algorithm Bug Crashes Bitcoin to $8,200 on Binance.US

Oct 22, 2021 · The price of bitcoin crashed by 87% on Binance.US, the U.S. arm of the exchange, due to an algorithm bug, Binance confirmed. The incident lasted only a short while, and it was …

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Algorithm Bug Crashes Bitcoin To $8,200 On Binance.US

2 weeks from now

Oct 22, 2021 · The price of bitcoin crashed by 87% on Binance.US, the U.S. arm of the exchange, due to an algorithm bug, Binance confirmed. The incident lasted only a short while, and it was …

beincrypto.com

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Bitcoin Price Flash Crash On Binance US Sees BTC Drop 87

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Oct 22, 2021 · Bitcoin price rapidly dropped 87% on the Binance US exchange on October 21, as BTC reached a low of $8,200 from approximately $65,000, while the leading cryptocurrency’s …

fxstreet.com

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Bitcoin Crashed 87% On Binance’s U.S. Exchange Due To Algo Bug

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Oct 21, 2021 · Bitcoin Crashed 87% on Binance’s U.S. Exchange Due to Algo Bug Biggest cryptocurrency traded as low as $8,200 in a flash Problem with trader’s algorithm has been …

bloomberg.com

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Bitcoin Price Flash Crash On Binance.US Attributed To Trader …

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Oct 21, 2021 · The cryptocurrency exchange says a trading algorithm bug caused the brief 87% price crash. Prices. Indices. CoinDesk 20 Index. Bitcoin Offerings. Ethereum Offerings. Trend …

coindesk.com

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Bitcoin Price Flash Crashes By 87% To $8K On Binance.US

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Oct 21, 2021 · BTC/USD “crashes” 87% on Binance’s U.S. platform, drawing irritation from traders who criticized order book depth. Bitcoin crashed to just $8,100 on Oct. 21 — but only if …

bitcoininsider.org

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Bitcoin's Price Crashed 87% On A Major Exchange Thanks To A Bug

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Oct 21, 2021 · Bitcoin is more valuable than ever, but a bug in a trading algorithm sent BTC tumbling from $67,000 to $8,200 on Thursday morning on Binance.US. by Jordan Pearson …

vice.com

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Bitcoin Price Flash Crashed 87% To $8200 On Binance US

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Oct 21, 2021 · After yesterday’s new all-time high at $67,000, bitcoin corrected today with a steep decline to below $64,000. Bitcoin Price Flash Crashed 87% to $8200 on Binance US | Bitcoin …

bitcoininsider.org

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Binance.US Blames Bitcoin Flash Crash To $8,200 On Client …

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Oct 21, 2021 · The flash crash on Binance.US had an impact on the price of bitcoin across the wider market. On other major exchanges, the price initially fell from around $65,500 to …

theblock.co

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Flash Crash Briefly Causes Bitcoin Price To Plummet 87% On …

2 weeks from now

Oct 23, 2021 · A flash-crash triggered a sharp drop in Bitcoin’s value on the Binance.US trading platform, causing an abrupt 87% devaluation in the price of the leading crypto asset. On …

dailyhodl.com

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Bitcoin Crashed 87% On Binance's U.S. Exchange Due To Algo Bug

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Oct 22, 2021 · The price of Bitcoin rapidly plunged about 87% on Binance's U.S. exchange Thursday morning, sinking to as low as $8,200 from around $65,000. The price did nothing like …

ndtvprofit.com

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Bitcoin Price Drops 87 Per Cent In Crypto Flash Crash On Binance

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The price of the world’s most popular cryptocurrency on US trading platform Binance plummeted from a near-record price of $65,815 to $8,200 in under a minute on Thursday night.

news.com.au

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This Is Why Bitcoin Flash Crashed By 87% To $8,000 On …

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Oct 21, 2021 · Bitcoin Flash Crashes To $8K On Binance.US. Bitcoin endured a violent correction on Thursday, but only for Binance’s exclusive United States cryptocurrency exchange, …

zycrypto.com

FAQs about Algorithm Bug Crashes Bitcoin to $8,200 on Binance.US Coupon?

What happened to BTC & Binance US?

While BTC dropped to roughly $62,000 on most exchanges, traders on Binance US witnessed a flash crash of 87%. Bitcoin price rapidly dropped 87% on the Binance US exchange on October 21, as BTC reached a low of $8,200 from approximately $65,000, while the leading cryptocurrency’s price remained above $60,000 on other exchanges. ...

What triggered a sharp drop in bitcoin's value on Binance?

A flash-crash triggered a sharp drop in Bitcoin’s value on the Binance.US trading platform, causing an abrupt 87% devaluation in the price of the leading crypto asset. On October 21st, the price of Bitcoin briefly tumbled to a low of $8,200 from $65,952 on Binance.US, the arm of global crypto exchange Binance in the United States. ...

Why did BTC fall 80% on Binance?

Following Bitcoin price all-time high earlier this week, Binance US traders witnessed BTC fall by over 80% on the trading platform. The American arm of the leading crypto exchange explained that the flash crash was due to an error in the trading algorithm. Bitcoin price reached a low of $8,200 before resuming trading at the correct price. ...

What happened on Binance's crypto exchange?

An early-morning error led to the value of Bitcoin dropping nearly 87 percent on Binance's crypto exchange. The cryptocurrency market woke up to a shock in early trading on Thursday morning. On the Binance US cryptocurrency exchange, the value of Bitcoin (BTC) plummeted nearly 87 percent in value, settling around $8,200. ...

What happened to bitcoin?

For a few fleeting seconds Bitcoin holders had their hearts in their mouths. The price of the world’s most popular cryptocurrency on US trading platform Binance plummeted from a near-record price of $65,815 to $8,200 in under a minute on Thursday night. ...

What happened to the value of Bitcoin (BTC)?

On the Binance US cryptocurrency exchange, the value of Bitcoin (BTC) plummeted nearly 87 percent in value, settling around $8,200. The issue that caused the value spike was reportedly corrected swiftly and the Bitcoin value returned to its normal levels within a couple of minutes. ...