A Massive Bitcoin Flash Crash Just Created $1 Billion Of Crypto Chaos – Forbes
Bitcoin, after surging higher this week, has suffered a flash crash, losing around $1,500 from its price in matter of minutes.
The bitcoin price broke $12,000 per bitcoin on the Luxembourg-based Bitstamp exchange early Sunday morning only to plummet 12% to $10,500 within the hour.
The bitcoin price has now bounced back, somewhat pulling the wider cryptocurrency market with it, to trade at…