BitMEX Went Offline and Bitcoin (BTC) Price Spiked $300 to $6,900 Right After

2018-8-22 21:33

BitMEX goes Offline; Bitcoin Jumps to a High Near $6,900

The new price of Bitcoin hit around $6,900 Wednesday morning, rising an astounding $300 in less than 60 seconds. The rise in prices has been one of the most sudden climbs in recent cryptocurrency history of the granddaddy of all cryptocurrency, Bitcoin.

An incident that has recently been questioned is that of the giant $300 leap, the cryptocurrency took during a sixty-second window around 1:00 UTC, on Bitfinex. The price of Bitcoin continued to climb after that even, heading well above the $6,800 mark just $1 below $6,900 and finally resting back down at $840. While the price jump isn’t nearly as high as that of late 2017, it’s one of the highest in recent times and undoubtedly made some people millions today.

Price jumps like the one today are not uncommon, but today's climb was a little different as it happened during a slow trading period on the exchanges. Some people are suspecting something non-organic is going on within the cryptocurrency market.

The reason? Because at the same time BitMEX, a massively successful crypto exchange handling near limitless transactions and billions of USD in daily trading suddenly went offline. The supposed ‘scheduled maintenance’ threw a lot of people into a state of suspicion, with many suspecting insider trading was taking place.

The chances of that happening are possible, but most analysts believe highly unlikely in this incident. Skeptics are just being who they are, always doubtful when something positive is happening in the market.

Of course, there is no way to tell at this time if something fraudulent occurred. BitMEX is already back up and running, but trading has not yet resumed. People are now sitting by to see if the market will keep the gains intact or if they will disappear. In any case, a lot of people happy to see the climb in BTC price, even though there were a fraction of suspicious crypto-investors, as there usually is.

The only way to tell what is happening, is to watch the prices in the upcoming early morning – until then no one is for certain – hopefully prices will climb or at least stabilize for some time.

What do you think of the new price jump? Is the trend on the way up, or will the market cap out and drop again? Leave your guesses in the comment section below along with any other predictions you may have on the market.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 60384.2 (+0.15%)
Объем 24H $32.721b
Изменеия 24h: -4.23 %, 7d: -9.51 %
Cегодня L: $60214.79 - H: $64565.33
Капитализация $1189.109b Rank 1
Цена в час новости $ 6732.47 (796.91%)

bitcoin 900 cryptocurrency bitmex offline price one

Источник: bitcoinexchangeguide.com

bitcoin 900 → Результатов: 52


Фото:

Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900

Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […]

2020-5-26 02:00


Bitmain могли потерять $500 млн из-за крупной позиции BCH

Крупнейший производитель оборудования для майнинга Bitmain в преддверии IPO подготовил для инвесторов доккмент, отражающий текущее финансовое положение компании. Эту информацию выложил в общий доступ главный стратегический директор блокчейн-компании Blockstream Самсон Моу.

2018-8-13 18:57


Фото:

Bitmain перед IPO отчиталась о сбережениях

Китайская компания Bitmain, разрабатывающая оборудование для добычи криптовалют, перед IPO представила презентацию инвесторам. В частности, производитель отчитался о своих сбережениях. Так, компания обменяла большую часть своих bitcoin на Bitcoin Cash.

2018-8-13 17:07


Крупная позиция по Bitcoin Cash привела к серьезным убыткам Bitmain

Главный стратегический директор блокчейн-компании Blockstream Самсон Моу обнародовал документацию для потенциальных инвесторов крупнейшего производителя майнингового оборудования Bitmain. Оказалось, что компания продала большую часть биткоинов и серьезно нарастила позиции по Bitcoin Cash.

2018-8-13 15:13


Bitmain терпит существенные убытки из-за крупной позиции по Bitcoin Cash

Главный стратегический директор блокчейн-компании Blockstream Самсон Моу обнародовал документацию для потенциальных инвесторов крупнейшего производителя майнингового оборудования Bitmain. Оказалось, что компания продала большую часть биткоинов и серьезно нарастила позиции по Bitcoin Cash.

2018-8-13 14:33


Фото:

Bitcoin Price Analysis: How Many Days Can We Trade Sideways?

Decisions by the U.S. Securities and Exchange Commission (SEC) appear to have put a temporary damper on the current Bitcoin rally. Does the quick recovery to $8,250 mean the bull reversal is still intact? Market Overview BTC dipped to $7,900 on the recent denial of the Winklevoss brothers Bitcoin ETF application, and the postponement of Direxion BTC ETF decision by the SEC, but it’s clear that current events were not the sole factor for this Read More The post Bitcoin Price Analysis: How Many Days Can We Trade Sideways? appeared first on Bitcoinist.com.

2018-7-29 14:00


дальше еще 3 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum to outshine Bitcoin this summer? Raoul Pal's bold prediction

Analyst claims ETH will eclipse BTC in crypto summer. The US liquidity injection could boost the market in the second half 2024.  Ethereum [ETH] could outshine Bitcoin [BTC] as we inch closThe post Ethereum to outshine Bitcoin this summer? Raoul Pal's bold prediction appeared first on AMBCrypto.

Ripple's market woes: Can XRP overcome 'zombie' status?

XRP saw a shift in the weighted sentiment that could help the bulls gain traction The asset was undervalued but organic demand and user activity were also in decline Ripple [XRP] was recentlThe post Ripple's market woes: Can XRP overcome 'zombie' status? appeared first on AMBCrypto.

Bitcoin testnet griefing attack draws ire from developers

A griefing attack by Casa CSO Jameson Lopp on the Bitcoin testnet network generated 165,000 blocks in one week, equal to three years worth, disrupting developers. The post Bitcoin testnet griefing attack draws ire from developers appeared first on Crypto Briefing.

HBAR's wild week post-Blackrock buzz: Price trends point to...

Hedera Hashgraph has seen a six-day consecutive decline. HBAR might retrace to its old price range soon. Hedera [HBAR] experienced a surge in price recently, reaching one of its highest poinThe post HBAR's wild week post-Blackrock buzz: Price trends point to... appeared first on AMBCrypto.

Can Ethereum's rebound change the game for Lido?

Lido's price rise leads to an increase in the market cap of liquid staking assets. At the time of this writing, LDO was trading at approximately $2.13 As the past week drew to a close and thThe post Can Ethereum's rebound change the game for Lido? appeared first on AMBCrypto.