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Bitcoin Plummets to Zero: Market Panic or Glitch in the Matrix?

Bitcoin Plummets to Zero: Market Panic or Glitch in the Matrix?

Published:
2025-06-06 08:50:16
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Hold onto your wallets—Bitcoin just pulled a disappearing act. The king of crypto nosedived to $0 in a move that's either the mother of all flash crashes or a system error that'll have traders demanding refunds.

What's behind the chaos? Theories range from exchange malfunctions to coordinated whale dumps—but let's be real, in crypto, even the 'experts' are just guessing. Meanwhile, Wall Street's old guard is probably sipping martinis and muttering 'told you so.'

One thing's certain: if this isn't a glitch, someone's about to lose a fortune. And if it is? Well, welcome to the wild west of 21st-century finance—where the rules are made up and the fundamentals don't matter.

Btcusdt 2025 06 06 05 26 21

Bitcoin price plunged to $0 on MEXC. Source: TradingView

Nonetheless, the Bitcoin price remains unaffected on other exchanges and crypto market data aggregator platforms. The incident seems to be originating from a glitch on MEXC.

Meanwhile, BTC price is holding steady above the $100,000 psychological level, which is acting as a major support. Thus, analysts have pointed toward a rebound to the $106,000 level soon. According to CoinMarketCap data, at press time, Bitcoin traded at $103,918.53 on Friday, June 6.

    

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