Bitcoin Drops $ 3,000 After Reaching A New High On Kraken To the surprise of market participants, trading platforms have largely coped with the load amid bitcoin's current ascent to new all-time highs. That was until the anomaly happened on Kraken.
Bitcoin plummets $ 3,000 after hitting new high on Kraken
To the surprise of market participants, trading platforms have largely coped with the load amid today's rise in Bitcoin to new all-time highs. That was until the Kraken anomaly happened..In the most liquid bitcoin pair on this exchange, XBT / USD, the price of the cryptocurrency experienced an instant collapse. The range within the one-minute candle at 18:33 Moscow time is $ 19,423.90 - $ 16,666. Thus, the decline exceeded 14%.
At the same time, bitcoin was declining on other exchanges. So, on Bitstamp from 18:28 to 18:33, the cryptocurrency fell to $ 19,700 to $ 19,126. At the time of publication, bitcoin is traded for about $ 19,500.
On its website, Kraken has posted an announcement that it is receiving messages from users experiencing problems connecting to the site and Kraken Terminal.
“Some customers are reporting glitches on the charts. It looks like the problem is caused by a very high load. We are working to fix it, ”adds Kraken.
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