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Bitcoin Flash Crash, Trump Token Dumps, and Exchanges are Down?
The post Bitcoin Flash Crash, Trump Token Dumps, and Exchanges are Down? appeared on BitcoinEthereumNews.com. Bitcoin Flash Crash Rocks the Market In a stunning turn of events, Bitcoin’s price plummeted from $106,000 to $100,000 in a matter of minutes earlier today. The flash crash sent shockwaves through the market, erasing billions in market capitalization. Volume Spike: The crash was accompanied by a massive surge in trading volume, indicating a significant liquidation event. Investor Reaction: Traders are scrambling to assess the reasons, with speculation ranging from whale sell-offs to technical issues on major exchanges. Despite the drop, Bitcoin has already started showing signs of recovery, hovering around $101,500 at press time. BTC/USD 30-mins chart – TradingView Donald Trump Token Takes a Hit Adding to the market drama, Donald Trump’s meme coin ($TRUMP) experienced a flash crash of its own. Reports indicate a major wallet dumped a large number of tokens, creating panic among holders. What Happened? The wallet in question did not acquire these tokens through purchase, sparking concerns over a potential exploit or insider activity. Market Reaction: TRUMP’s price tanked from $72 to $44, a sharp 36% decline, leaving investors on edge. As the crypto community speculates on the cause, this incident raises questions about the stability of high-profile meme coins. Melania Coin’s Crashes Jupiter Exchange Meanwhile, Melania Trump made headlines with the launch of her own meme coin, MELANIA, which surged past $8 shortly after its debut. However, the launch wasn’t without hiccups: Jupiter Exchange Down: The decentralized exchange Jupiter, a key platform for swapping Solana tokens like MELANIA, faced outages as users flooded the site to trade. Growing Interest: Over 22,000 wallets now hold MELANIA tokens, with a fully diluted market cap surpassing $8 billion. You can learn more about Melania’s coin and how to buy it here. Phantom Wallet Faces Overload Amid Melania Coin Frenzy The Phantom Wallet, a leading Solana-based crypto…
The post Bitcoin Flash Crash, Trump Token Dumps, and Exchanges are Down? appeared on BitcoinEthereumNews.com.
Bitcoin Flash Crash Rocks the Market In a stunning turn of events, Bitcoin’s price plummeted from $106,000 to $100,000 in a matter of minutes earlier today. The flash crash sent shockwaves through the market, erasing billions in market capitalization. Volume Spike: The crash was accompanied by a massive surge in trading volume, indicating a significant liquidation event. Investor Reaction: Traders are scrambling to assess the reasons, with speculation ranging from whale sell-offs to technical issues on major exchanges. Despite the drop, Bitcoin has already started showing signs of recovery, hovering around $101,500 at press time. BTC/USD 30-mins chart – TradingView Donald Trump Token Takes a Hit Adding to the market drama, Donald Trump’s meme coin ($TRUMP) experienced a flash crash of its own. Reports indicate a major wallet dumped a large number of tokens, creating panic among holders. What Happened? The wallet in question did not acquire these tokens through purchase, sparking concerns over a potential exploit or insider activity. Market Reaction: TRUMP’s price tanked from $72 to $44, a sharp 36% decline, leaving investors on edge. As the crypto community speculates on the cause, this incident raises questions about the stability of high-profile meme coins. Melania Coin’s Crashes Jupiter Exchange Meanwhile, Melania Trump made headlines with the launch of her own meme coin, MELANIA, which surged past $8 shortly after its debut. However, the launch wasn’t without hiccups: Jupiter Exchange Down: The decentralized exchange Jupiter, a key platform for swapping Solana tokens like MELANIA, faced outages as users flooded the site to trade. Growing Interest: Over 22,000 wallets now hold MELANIA tokens, with a fully diluted market cap surpassing $8 billion. You can learn more about Melania’s coin and how to buy it here. Phantom Wallet Faces Overload Amid Melania Coin Frenzy The Phantom Wallet, a leading Solana-based crypto…
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