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Flash Crash on BitMEX Drags Bitcoin Price All the Way Down to $8600

Flash Crash on BitMEX Drags Bitcoin Price All the Way Down to $8,600 | CryptoGlobe

Around 14:30 UTC (10:30 EDT) on Tuesday (June 2), the price of Bitcoin fell from around $10,150 on BitMEX all the way down to $8,600 in a span of about 15 minutes, as you can see in the 24-hour price chart below: This drop to $8,600 was at least $700 greater than the drop on othe exchanges such as Binace, Coinbase, Huobi, and OKEx, as macro-economist and crypto trader Alex Krüger pointed out in the tweet below: Bitcoin doing bitcoin things today.