Bitcoin, drops to $8,000 on Binance.US
Fixes in the crypto world can sometimes be quite harsh. The movements that show serious changes in the stock markets surprise the investors. This time, the event took place in the crypto money service provided by the Binance exchange to America. Bitcoin pinned up to $8.200 on the Binance.US exchange.
As of yesterday, Bitcoin had reached its all-time high. BTC, which caught a rapid exit, returned from the edge of $67,000. Bitcoin, which opened to futures for the first time, broke a record after a record. Tomorrow a new ETF will be released by Valkyrie. It will be the second ETF to be traded under the name BTF. With this ETF, a new ATH can arrive before the weekends.
While adding value to Bitcoin's value, it experiences occasional corrections. These corrections are also the scene of retracements of $1,000 to $4,000. However, we can also see that it throws instant needles in some exchanges.
Binance.US and Kraken, Bitcoin has experienced a sharp decline
While Bitcoin experienced normal withdrawals on many exchanges, it made a very downward move on Kraken and Binance.US. Kraken experienced an instant pullback of over $10 thousand on the exchange. BTC, which fell to $54.000, threw a hard needle. On the Binance.US exchange, the withdrawal was up to $8.200.
Bitcoin, which was withdrawn to $64.000 on major spot exchanges during the correction, had a shocking effect on Binance.US. There is no clear information about why such a needle occurred yet. However, a system error or a needle may have been thrown to liquidate Long transactions. On the other hand, it should not be forgotten that there may be those who give orders for $8.200. A similar situation has been experienced in Ethereum before.