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Bitcoin: Will ‘flash crashes’ impact BTC negatively?

Have you ever wondered if Bitcoin flash crashes have a negative impact on its value? Recently, the cryptocurrency market has seen a series of sudden and dramatic price drops across various centralized exchanges, leading to a decline in sentiment towards Bitcoin. Despite these setbacks, Bitcoin’s price has remained relatively stable, inspiring hope among traders. Yet, the question remains: could these flash crashes eventually turn the tide against Bitcoin?

Understanding Flash Crashes

Flash crashes are characterized by rapid and significant declines in asset prices within a very short timeframe, often minutes or even seconds. These crashes can see prices plummet before swiftly recovering.