Bitcoin

Binance had only recently listed the BTC/USDC pair, and the flash spike is thought to have been caused by thin order books for the new trading pai<img src="https://academy-public.coinmarketcap.com/optimized-uploads/9d8233c1af284088b56d25c3c68bae66.png" />The sudden price movement has been attributed to a large <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> market order eating through the limit sell-orders on the pair, causing the price to spike to $50,000.Read the article to find out about the<a href="https://crypto.ro/en/news/usdc-panic-triggers-a-flash-spike-in-bitcoin-price-on-binance-surging-to-50000/" rel="noopener noreferrer nofollow"> Bitcoin flash spike on Binance</a>.

USDC panic triggers a flash spike in Bitcoin price on Binance, surging to $50,000

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