Binance’s DeFi index crashes 60% as Bitcoin overshadows altcoins
This post was originally published on this siteThis post was originally published on this siteBitcoin (BTC) resurgence is continuing to sap capital from the altcoin markets as other cryptocurrencies are struggling to catch up to BTC. DeFi struggles as Bitcoin shines The DeFi Composite Index, first launched by Binance Futures in late August, is seeing its second month of strain, trading down […]
Binance has 📈gained momentum with $2.8 billion in 24-hour Bitcoin futures volumes, against BitMEX’s $2.1 billion and #Huobi’s $2.46 billion. Concurrently, BitMEX continues to lose in both open interest and volume for #Bitcoin (BTC) futures since the Black Thursday crash in March.
https://preview.redd.it/yg5i229pogn41.jpg?width=1000&format=pjpg&auto=webp&s=c418ed1a1aab0fa74f1322ac8f82dc777af144ab Binance CEO Changpeng Zhao tweeted that he will not let BTC completely lose its value. “Still worried about BTC going to zero? Don’t! So long as I have a penny left, it won’t happen,” he wrote. A number of analysts mentioned a possible drop of bitcoin to zero after the cryptocurrency price fell from $9,200 to $3,800 in a few days. Users commented to Zhao’s tweet that he had only intensified panic. Previously, he gave several forecasts about BTC growth, but afterwards, the price fell even lower.
Stock Market Crash Again. Binance users also had trouble accessing the stock exchange around this time on September 2. This collapse that Binance experienced last week caused the Bitcoin price to drop by hundreds of dollars within a few minutes. Bitcoin exchange Binance is experiencing a similar problem today. Social media posts show that many Binance users around the world cannot access the ... Binance and Coinbase lagging during the crash. At 4 am PDT, Coinbase experienced a failure that prevented its users from withdrawing their cryptos or sending them to other wallets. Affected tokens included Bitcoin, Bitcoin Cash, Ethereum, USD Coin, DAI, Chainlink, and Maker, among others. Binance also faced its own difficulties. Bitcoin flash crash to $700 on Binance caused by failing stablecoin. Read full article. Daniel Phillips. December 5, 2019, 4:58 AM. Yesterday, an order to sell 8 bitcoin (BTC), worth $60,000 ... Flash crash: Bitcoin drops $600 while Binance, Coinbase report issues. By Reynaldo September 2, 2020 No Comments. Source: Fabre Gov - Shutterstock. The price of Bitcoin has dropped by $600 after being rejected at the resistance level of $12,000 for a third time in the last 30 days. In the run-up to the crash, Binance and Coinbase reported problems, Bithumb was raided by the South Korean police ... In einer schockierenden Bewegung stürzte der Bitcoin-Preis in weniger als fünf Minuten um über 600 Dollar ab. Diese Überraschungsaktion hat nun die gesamte Rallye von gestern Abend zunichte gemacht, die Bitcoin über die Schlüsselmarke von 10.000 $ brachte, die die beliebte Kryptowährung erneut nicht halten konnte.. Bitcoin-Preis hält erneut nicht die Marke von 10.000 $ Binance gehört unabstreitbar zu den bekanntesten Bitcoin und Krypto Börsen. Als All-In-One Plattform mit Lösungen für Trading, Future und Margin Handel, Staking und vielen weiteren Features wie beispielsweise einer DEX ist die Plattform wohl die zentrale Anlaufstelle für viele Investoren und Trader.
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