Bitcoin News

Story: Bitcoin $0 Price Glitch on MEXC Caused by TradingView Error

By Julie Binoche

1 / 15

The Glitch That Sent Shockwaves. Bitcoin had been trading steadily in the range of $101,000 to $105,000, recovering from a previous…

2 / 15

MEXC Responds to the Frenzy. The Seychelles-based MEXC team was quick to address the situation and clarify the facts.

3 / 15

TradingView Fixes the Error. Following the outcry, TradingView quickly rectified the problem and restored accurate price charts…

4 / 15

Past Price Glitches Show Even Top Exchanges Are Vulnerable. While this recent incident caused considerable concern, it is not the first time that price…

5 / 15

What This Means for Traders and Investors. The MEXC Bitcoin price glitch highlights a critical risk inherent in crypto trading — reliance on…

6 / 15

Looking Ahead. As Bitcoin maintains its upward momentum around $104,000 and the crypto market stabilizes, the…

7 / 15

An unusual and alarming event shook the cryptocurrency community when Bitcoin’s price appeared to crash from over $103,000 to zero on the Seychelles-based crypto exchange MEXC.

8 / 15

Crypto veterans and influencers on social media quickly picked up on the glitch. One notable trader, Crypto Beast, tweeted about the sudden drop, claiming it led to a wave of…

9 / 15

The Seychelles-based MEXC team was quick to address the situation and clarify the facts. They stated unequivocally that Bitcoin’s price never actually dropped to zero on their…

10 / 15

MEXC’s official communication emphasized that the glitch was purely a display malfunction and did not affect any real trades or orders.

11 / 15

At the time of writing, TradingView had not issued a public statement but had taken the necessary steps to resolve the issue.

12 / 15

While this recent incident caused considerable concern, it is not the first time that price display errors have disrupted the crypto market.

13 / 15

For example, Binance, the world’s largest crypto exchange by trading volume, experienced multiple price glitches in 2023.

14 / 15

Similarly, XRP has faced several such glitches on various platforms, including Kraken and TradingView, with price quotes suddenly jumping to absurd values due to software bugs.

15 / 15

These incidents underscore the importance of verifying price data across multiple sources before making trading decisions and remind the community that technical errors, while…

The Currency Analytics

Want the full story?