binance also had a glitch that seen a $138k in june this year but no one talks about "bitcoin reaching new high"
I haven't heard of it well, as the whole market really doesn't had any weightage.
many exchanges glitch.. so its become non-news. and does not impact "bitcoin prices" as a whole
Yes, I do consider it, but here in this particular topic Op is clear with the context from the title it may seem misleading but in the content, it's clearly mentioned.
in short "bitcoins price" did not sink to $8k. just a exchange had an anomaly that no one cares about. and yes these anomalies do happen but are of no importance to the grand scheme of things.
also the very short length of time of this event means not many traders were involved to take advantage.
i do find it weird that someone is posting in 2023 about a non news event of 2021
Hmm, even if there were not many traders involved still those who were made bundles of profit. For the point why Op is posting this now I think it can only be answered by the OP but still, I think its due to the latest development on the leaking of some internal information by an ex employee.
So in the other sense what dear you are trying to say is if the people who made a lot of money from this incident were allowed to move the money it could be directly or indirectly the platforms involved, from inside this manipulation is carried out.
Crypto market is not regulated. This is why sometimes you can see market makers pumping or dumping altcoin prices in order to gather liquidity from traders and manipulate the price. Everyone knows the way it works and it would be illegal on a stock market but here it is fine and no one cares. Same with the BTC drop.
So you want the crypto market to be regulated only for stability (Really I cant understand), Bitcoin's Volatility is its beauty it would be a dumb decision to make Bitcoin stable. I do consider that there is market manipulation what you really think is it never happens in the stocks even more widely it's reported with the stocks that stocks are malted. In every open market manipulation does come in handy but it on your responsibility to save your funds with your decision-making.
Dear, the Bitcoin regulation may decrease the volatility but it can never be eliminated. I also support that volatility should never be eliminated. (Why I'm so general because buddy you were quite general so I'm responding in a informal, friendly way.)