{"id":417903,"date":"2020-03-12T12:57:20","date_gmt":"2020-03-12T12:57:20","guid":{"rendered":"https:\/\/uniquehot.com\/?p=417903"},"modified":"2020-03-12T12:57:20","modified_gmt":"2020-03-12T12:57:20","slug":"link-cryptocurrency-flash-crashed-99-after-market-tanked-to-0-0001","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/link-cryptocurrency-flash-crashed-99-after-market-tanked-to-0-0001\/","title":{"rendered":"Link Cryptocurrency Flash Crashed 99% After Market Tanked, to 0.0001"},"content":{"rendered":"

Link, the seemingly unstoppable cryptocurrency has defied all odds and in the face of the coronavirus and set a new all-time high<\/a>.<\/span><\/p>\n

Yet somehow, during this morning\u2019s insane volatility, the cryptocurrency flash crashed by 99% to nearly zero, reaching a price of just 0.0001 on the LINK\/USDT trading pair.<\/span><\/p>\n

Link Flash Crash Sends Soaring Altcoin Nearly to Zero<\/h2>\n

Markets are in complete ruin after recent attempts from high ranking global government policymakers failed to stifle concerns over the coronavirus with economic stimulus.<\/span><\/p>\n

The stock market plunged further, and Bitcoin had a catastrophic collapse, falling in dramatic fashion by $1,800 in just 30 minutes.<\/span><\/p>\n

Related Reading | Chainlink (LINK) Steals Bitcoin\u2019s Thunder, Sets Historic High as Crypto Market Bleeds <\/a><\/strong><\/em><\/p>\n

The rest of the cryptocurrency market is also a sea of red, but all eyes are on the market\u2019s rising star: Chainlink<\/a>.<\/span><\/p>\n

Link closed 2019 as a top-five performing altcoin, showing outstanding performance compared to the rest of the crypto crowd.<\/span><\/p>\n

2020 has been no different, with Link smashing all expectations and reaching a new all-time high<\/a>, even despite the rest of the market feeling the crunch of the coronavirus.<\/span><\/p>\n

But early this morning on Binance<\/a>, Link flash crashed amidst the extreme volatility and fell by over 99% to a price of nearly zero.<\/span><\/p>\n

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$LINK<\/a> traded 0.0001, down 99.99%. pic.twitter.com\/0etkoNxywk<\/a><\/p>\n

— Alex Kr\u00fcger (@krugermacro) March 12, 2020<\/a><\/p><\/blockquote>\n