Chaos... Bitcoin bounced back $1500 from the lows, back above $10k...
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Update: The crash is continuing with Bitcoin now collapsing below $9000...
Ethereum and Litecoin are also under pressure.
Numerous exchanges and trading platforms are suffering outages.
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Having soared in the last 24-48 hours to as high as $11,395 this moring, Bitcoin has just tumbled back below $10,000...
While a notable pump and dump, this drop is a mere 13% (following an 8% drop overnight after initially breaking $10,000).
There is some chatter than Bitcoin flash-crashed to as low as $9130 on Coinbase...
Remember on November 8th to 10th, Bitcoin crashed 30% amid rumors of its death.
image courtesy of CoinTelegraph
And as we noted previously, Bitcoin crashes at least once every quarter...
Amid a record day for traffic, Coinbase website is down once again...
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