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, halted trading for a seven-hour period this morning. The Bitfinex price fell a further 3.8% when it reopened. 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. Meanwhile, according to Bitcoinity data, the exchange managed 22,400 trades today, down from 81,500 this time last week. In an effort to make bitcoins more accessible and easier to use, several companies have launched their own versions of digital currencies. , mean a lot of people don'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, halted trading for a seven-hour period this morning. The Bitfinex price fell a further 3.8% when it reopened. Meanwhile, according to Bitcoinity data, the exchange managed 22,400 trades today, down from 81,500 this time last week. In an effort to make bitcoins more accessible and easier to use, several companies have launched their own versions of digital currencies. , mean a lot of people don't want to be the last ones to be able to sell."