Home Blockchain News Bitcoin SV (BSV) Price Flash Crashes to $44 on BitFinex, Triggers Price Manipulation Fears

Bitcoin SV (BSV) Price Flash Crashes to $44 on BitFinex, Triggers Price Manipulation Fears

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By CCN: Bitcoin SV price witnessed a sharp fall on BitFinex on Thursday — a flash crash that dragged the cryptocurrency from $254 to $44 in a matter of minutes. BitFinex has no issued any clarification about the sudden dump of 25,000 BSV. It is likely that somebody mistakingly sold Bitcoin SV at the rate of $44 per unit, or that price manipulation was effective. What’s evident, however, is somebody matched the Ask Price and assisted Bitcoin SV to climb back to the old levels within minutes. Price Manipulation The flash crash closely followed media reports highlighting how scammers

The post Bitcoin SV (BSV) Price Flash Crashes to $44 on BitFinex, Triggers Price Manipulation Fears appeared first on CCN

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* First published on ccn.com

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