Bitcoin (BTC) has already been struggling to keep the $90,000 price mark afloat for the past few weeks and even dropped to $24,000 for a few seconds on Christmas Eve.
The screenshots of the price dip went viral on social media and sent a lot of crypto traders into a state of panic.
However, it wasn't a market-wide phenomenon.
In fact, what happened was that on Dec. 24, the BTC/USD1 trading pair on the world's largest crypto trading exchange, Binance, displayed the Bitcoin price of $24,111 for a few seconds before snapping back to the $87,000 level.
No other BTC trading pair displayed such
The screenshots of the price dip went viral on social media and sent a lot of crypto traders into a state of panic.
However, it wasn't a market-wide phenomenon.
In fact, what happened was that on Dec. 24, the BTC/USD1 trading pair on the world's largest crypto trading exchange, Binance, displayed the Bitcoin price of $24,111 for a few seconds before snapping back to the $87,000 level.
No other BTC trading pair displayed such
2 months ago
