Once again, we have witnessed another flash crash in the crypto market. This time, the Bitcoin price crash led to a 30% loss, wiping out over $12,000 from BTC dollar value. Altcoins failed to sustain their gains as well, as Ethereum price plunged to lows under $2,000 for the first time since April.
Crypto Weekly Update: Bitcoin price plunges below $50K, Elon Musk drives crypto volatility while dog coins crash
This week sent cryptocurrencies trading in the red after Bitcoin led the market crash, falling 22% from the local high