Thursday 13 May 2021
Home      All news      Contact us      RSS     
newsweek - 24 days ago

Bitcoin Flash Crash Due to Market Overreaction to Non-issue, Analyst Says

A power outage in the Xinjiang region of China where a significant portion of Bitcoin mining takes place caused a very sudden dip in the global hashrate which, in turn, caused transactions to back up and fees to rocket temporarily, an analyst told Newsweek.


Latest News
Hashtags:   

Bitcoin

 | 

Flash

 | 

Crash

 | 

Market

 | 

Overreaction

 | 

issue

 | 

Analyst

 | 

Sources