Bitcoin price plummets by almost 90% on Binance US

At the moment, the cost of the first cryptocurrency dropped to $ 8.2 thousand, but quickly returned to its previous values of about $ 65 thousand. The bitcoin rate on the Binance US crypto exchange …

At the moment, the cost of the first cryptocurrency dropped to $ 8.2 thousand, but quickly returned to its previous values of about $ 65 thousand.

The bitcoin rate on the Binance US crypto exchange at the moment collapsed by 88%, to $ 8.2 thousand. After that, the price of the cryptocurrency returned to its previous levels of about $ 65 thousand, at which it is now traded.

Photo: TradingView

Photo: TradingView

It is not known what caused the sharp decline in the asset's quotes. This could be due to technical problems with the exchange or a large sale of cryptocurrency. The company has not yet commented on the incident.

Binance US is the US subsidiary of Binance, the world's largest cryptocurrency exchange in terms of trading volume. In September, its head, Changpeng Zhao, announced that the branch was preparing to go public for three years.

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