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HomeCryptoBitcoin price briefly shows $870B on CoinMarketCap

Bitcoin price briefly shows $870B on CoinMarketCap

Cryptographic traders experienced moments of joy and subsequent confusion when glitches temporarily displayed the enormous profits of Bitcoin to some data aggregators ().BTC),ether(ETH) And other cryptocurrencies.

CoinMarketCap and several other price indexes have shown that ETH has exceeded $ 81 billion, indicating that Bitcoin’s price has approached $ 900 billion. The temporary glitch also affected Cointelegraph’s price index.

The numbers displayed do not affect the trading price of the exchange and the platform will soon solved problem. CoinMarketCap Explanation On Twitter, the data provider is restarting the server as part of a remediation plan.

“CoinMarketCap has returned to normal after a problem that affected price rankings,” a spokeswoman told Cointelegraph, adding that investigation into the root cause of glitch is still underway. ..

“No, I didn’t see the price after 2026. Rambo’s down payment is on hold.”

Crypto Twitter responded quickly to unrealistic price fluctuations with hilarious posts.

The first speculation was that the hacker caused the displayed price.

“Everyone listens to these turmoil, so to the extent that they all use the same data source,” Bosonic founder Rosario Ingalgiora. ExplanationHe goes on to say, “If there is a problem and prices are actually falling, it can generate crowd behavior to drive investment decisions.”