Amid the anticipation of a huge movement in the Bitcoin price, the price of the BTC/USDT perpetual contract jumped over $420k on the crypto exchange Binance multiple times today.
Several users noted the big red candle dropping from $420,000 to its market price of around $42,000 in the chart.
In a post later, Binance clarified that there was a bug in the visual chart that caused inconvenience, and the team is working on resolving the issue. A similar problem also previously occurred in September.
Also Read: Bitcoin Options Trading Hits Record $38B Monthly Volume
