Join the iFX EXPO Asia and discover your gateway to the Asian Markets This time around, there is no flash crash to blame, although data coming out of Bitfinex again points to some irregular behavior. The price of Bitcoin fell yesterday after Bitfinex closed its order book , citing issues with its post - trade processing . The Hong Kong - based exchange , which witnessed a ' flash crash ' just last week , suspended trading for a 24 - hour period this morning . The stock price fell a further 3.8 % when it reopened . Meanwhile , according to official data , the exchange managed 22,400 trades today , down from 81,500 this time last week . However , the ongoing debate over the ' block size ' that should be used may also have contributed to the fall ; a Bitcoin trader said " Brittle markets as evidenced by Bitfinex 's downtime today , coupled with overhang from the block size issue , mean a lot of people do n't want to be the last ones to be able to sell . "
The price of Bitcoin fell yesterday after Bitfinex closed its order book , citing issues with its post - trade processing . The Hong Kong - based exchange , which witnessed a ' flash crash ' just last week , suspended trading for a 24 - hour period this morning . The stock price fell a further 3.8 % when it reopened . Meanwhile , according to official data , the exchange managed 22,400 trades today , down from 81,500 this time last week . However , the ongoing debate over the ' block size ' that should be used may also have contributed to the fall ; a Bitcoin trader said " Brittle markets as evidenced by Bitfinex 's downtime today , coupled with overhang from the block size issue , mean a lot of people do n't want to be the last ones to be able to sell . "