February 10, 2014 flash crash
On February 10, 2014, the BTC-e bitcoin exchange rate dropped by over $500, crashing from $620 to $102 in seconds, and then rebounding within two minutes.[1][2][3] The crash is the result of what appears to be a single person selling 6,000 bitcoins significantly below the market price.[2]
References
- ↑ BitcoinTalk thread 458248. No title available. 10 February 2014.
- ↑ 2.0 2.1 Durden, Tyler (10 February 2014). "Bitcoin Flash Crashes, Drops By 80% In Seconds". Zerohedge. http://www.zerohedge.com/news/2014-02-10/bitcoin-flash-crashes-drops-80-seconds. Retrieved 29 July 2015.
- ↑ Cox, Josh (10 February 2014). "A Black Monday for Bitcoin? Flash Crashes Return as Volatility Spikes". Newsledge. http://www.newsledge.com/black-monday-bitcoin-flash-crashes-return-volatility-spikes-4921. Retrieved 29 July 2015.