BTC Flashed Down to $24k on Binance’s BTC/USD1 Pair Due to Thin Liquidity During Christmas

On Christmas Day, Bitcoin briefly flashed down to around $24,000–$24,111 on Binance’s BTC/USD1 spot trading pair. This was a classic flash crash caused by extremely thin liquidity in that specific pair during holiday trading hours. USD1 is a relatively new stablecoin issued by World Liberty Financial backed by the Trump family, with much lower trading

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