Bitcoin tumbled 6% in the span of an hour on Wednesday, bringing a quick end to a four-day rally.
After weeks of elevated activity, trading volumes on spot bitcoin exchanges have subsided, boding well for some traders if not the venues themselves.
Downward bitcoin prices could impact stakeholders more than ever before, including derivatives traders and miners.
Prices in the crypto market are seeing such a steep upward trend that arbitrage traders are able to trade between exchanges to easily capture profit.
A longtime feature of stock exchanges, circuit breakers throw sand in the gears of a plummeting market like last week’s. Should crypto adopt them?
