Bitcoin Drops 100% from $103,000 to $0 on MEXC Exchange: Here’s What Happened

The June 6 post clarified that Bitcoin’s cost did not drop to $0 on its platform, nor did long positions suffer any loss due to the event.However, the candlestick wick to $0 flowing on the web is a problem on TradingView’s path. Additionally, Bitcoin’s price has stabilized on the MEXC TradingView window, trading at its typical price of $104,856, together with other exchanges.Similar Crypto Price GlitchesRemarkably, even the most sophisticated exchanges have periodically knowledgeable glitches in possession prices. Binance validated in both cases that it was a mere visual screen error with no impact on trading activities.Further, XRP has likewise seen numerous price problems, both on TradingView and on the exchanges.

Additionally, Bitcoin’s rate has actually supported on the MEXC TradingView window, trading at its regular cost of $104,856, alongside other exchanges. Similar Crypto Cost Glitches Remarkably, even the most advanced exchanges have periodically experienced glitches in possession rates. Even more, XRP has likewise seen a number of rate problems, both on TradingView and on the exchanges.

Additionally, Bitcoin’s rate has actually stabilized on the MEXC TradingView window, trading at its typical price of $104,856, alongside other exchanges. Comparable Crypto Rate Glitches Incredibly, even the most sophisticated exchanges have occasionally experienced problems in possession rates. For point of view, Bitcoin’s cost glitched from $42,000 to $420,000 on the Binance futures market in December 2023. Further, XRP has likewise seen numerous cost problems, both on TradingView and on the exchanges.

Sam Boolman | Crypto Enthusiast and Writer

Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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