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Bitcoin Triggers Sharp Flash Crash to $24K on Binance USD1 Pair
Yahoo Finance· 2025-12-25 07:21
Bitcoin witnessed a sudden flash crash to about $24,111 on the BTC/USD1 trading pair on Binance, before quickly rebounding to $87,000 in seconds. Per the exchange data, the move appeared isolated to USD1, the stablecoin launched by Trump family-backed World Liberty Financial. Source: Binance This type of “flash wicks” occurs when liquidity thins and order books lose depth. The BTC/USDT trading pair has remained stable after resuming. Bitcoin Flash Wicks and Quick Reversal During non-peak trading hour ...