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Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps

by Bitcoin News Editor
March 13, 2023
in Bitcoin News Wire
Reading Time: 1 min read

The BTC/USDC pair on Binance flash spiked to $50,000 on March 12 around 7 pm UTC. The reason for the impulse spike is unknown and was likely due to a “fat finger” trade of a large order. BTC/USDC hourly price chart on Binance.
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