Bitcoin News Today – The Bitcoin price continues to look strong as it consolidates over $2700 – is it getting ready for another bull run past $3000? Some experts say that $5000 is in sight. Ethereum suffered a flash crash on the GDAX exchange and some traders gained and others lost causing an outrage.
In a statement by Vice President of GDAX, Adam White, the crash has been blamed on a multimillion dollar sell order that apparently drove prices from $317.81 to $244.48, resulting in a $29.4% loss of value. The order triggered over 800 stop losses, seeing widespread liquidations among traders in leveraged positions as reported by Bitcoin.com
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Famed investor Bill Miller discussed his thoughts on bitcoin with CNBC this past week – bullish about Bitcoin
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