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NEW YORK – Binance, one of the world’s leading cryptocurrency exchanges, experienced a visual glitch on its Futures platform today. For a brief moment, traders saw the price of Bitcoin on the BTC/USDT Futures chart mistakenly soar from $42,000 to $420,000. The exchange quickly reacted, clarifying that it was simply a display error and affirming that no transactions had been affected by this anomaly.
In a quick response, Binance assured its users that their funds remained safe throughout the incident. The anomaly was purely visual and had no real impact on the market or trading activities. The exchange rectified the error and apologized to its users for any confusion or inconvenience the incident may have caused.
At the time of the incident, the actual price of the was approximately $42,457. Despite the brief display error, the price of bitcoin fell slightly. However, it is important to note that the cryptocurrency maintained a significant increase during the year, reflecting a resilient performance in the volatile digital currency market.
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