Bitcoin's Price Crashed 87% on a Major Exchange Thanks to a Bug
Bitcoin is on a tear, reaching an all time high price of $67,000 for 1 BTC on Wednesday, buoyed by a series of approvals for Bitcoin-tracking funds on the stock market. But on one major U.S. exchange, the price flash-crashed 87 percent to roughly $8,200 on Thursday due to a bug in a trading algorithm.
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