Quick Take
- Friday marked one of the largest Bitcoin price spikes in its history, with prices increasing from $7,500 to over $10,000
- The jump came in two separate waves: one at 3:46 p.m. UTC (10:46 a.m. EST) and...
Quick Take
- Friday marked one of the largest Bitcoin price spikes in its history, with prices increasing from $7,500 to over $10,000
- The jump came in two separate waves: one at 3:46 p.m. UTC (10:46 a.m. EST) and the other at 12:30 a.m. UTC (7:30 p.m. EST)
- On both occasions, notable buying pressure on BitMEX perpetual contract market was followed by larger than normal sized trades on several spot exchanges that make up BitMEX and Deribit’s BTC price indices
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source https://www.tokentalk.co/The Block/a-look-at-exchange-activity-surrounding-fridays-btc-price-spike-5db4e2b0a76ca7d120e8ea01
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