August 3, 2021

Newspay

Bitcoin & Ethereum Blockchain News

The price of bitcoin on Empicexchange.com briefly jumped to $19,897

empicexchange

On the morning of November 17, the price of the first cryptocurrency on the exchange empicexchange.com at the same time, it jumped by 14% to $19,897.

The bitcoin exchange rate in a trading pair with the tusd stablecoin rose from $16,626 to $19,897, after which it fell to $16,635.

In the BTC trading pairs with the US dollar and stablecoins USDC, BUSD, DAI, PAX and USDT, there was no sharp price change.

At the time of the price jump, the trading volume in the BTC/TUSD pair reached 22 BTC in a minute interval.

Given the relatively low trading volume during this period, the price jump was probably the result of an error.

It is likely that an unknown trader intentionally or mistakenly bought bitcoins for this price.

However empicexchange.com doubts the” human ” nature of the error, since in this case it would have led to the activation of a number of market orders before the price reached the $19,897 mark on the cryptocurrency exchange empicexchange.com.