Posted 3/21/2024, 10:07:43 AM
Bitcoin Rebounds Above $67K After Brief Flash Crash to $8.9K on BitMEX
- Bitcoin price surges back above $67,000 after dropping below $62,000 earlier this week
- Flash crash on BitMEX exchange briefly sent Bitcoin down to $8,900, but did not impact broader market
- BitMEX investigating potential misconduct related to flash crash
- Bitcoin spot ETFs continue to see outflows, with $742M redeemed this week
- Grayscale Bitcoin Trust has seen $1.5B outflows while BlackRock's IBIT continues to grow, putting IBIT on track to become largest Bitcoin fund