Bitcoin Suffers Massive Drop On BitMEX, Is The Rally Over?
Summary
Bitcoin experienced a significant drop to $8,900 on BitMEX due to a user selling over 400 BTC, causing market instability. BitMEX is investigating the incident and assures the safety of users' funds. The event has sparked speculation about potential manipulation. Peter Schiff predicts a larger crash for Bitcoin prices, citing a 7% decline in the past 24 hours.
