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🔴 A sudden collapse of Bitcoin lasted only a few seconds... but the "screenshot" spread and terrified traders!
So, what's the story?
📌 The collapse occurred during trading on December 24th for the BTC/USD1 pair, with Bitcoin's price in this pair dropping to $24,111 from levels exceeding $87,000. However, this collapse lasted only seconds before being corrected by traders through what is called "arbitrage."
📌 It is worth mentioning that the USD1 currency is a stablecoin launched by World Liberty Financial, supported by the Trump family.
📌 Simply put, during low activity periods such as holidays, it only takes one large sell order or an automated trade through a pair linked to new or low-volume stablecoins to quickly clear the order book, thereby pushing the price to levels completely different from the actual market price.
#USGDPUpdate #Bitcoin #BTCVSGOLD
#BitcoinWarnings
$BTC