Bitcoin Triggers Sharp Flash Crash to $24K on Binance USD1 Pair

Bitcoin witnessed a sudden flash crash to about $24,111 on the BTC/USD1 trading pair on Binance, before quickly rebounding to $87,000 in seconds.Per the exchange data, the move appeared isolated to USD1, the stablecoin launched by Trump family-backed World Liberty Financial.Source: BinanceThis type of “flash wicks” occurs when liquidity thins …