Bitcoin Whipsaws From $107,000 To $103,000: What Went Wrong?
BitcoinistMonday, May 19, 2025 at 10:30:35 PM
** Bitcoin had a wild ride over the weekend, briefly surging past $107,000 before crashing back down to around $103,200—a $4,000 swing in under 12 hours. The spike happened during low-volume Asian trading hours, but once liquidity dried up, prices on major exchanges like Binance and Coinbase tumbled to $102,000. This kind of volatility isn’t new for crypto, but it’s a stark reminder of how quickly things can flip.
What This Means: ** If you’re holding Bitcoin, buckle up—this kind of whipsaw action can shake out weak hands and trigger bigger moves. For traders, it’s a lesson in how thin liquidity (especially during off-hours) can exaggerate price swings. And for the crypto-curious? It’s another example of why Bitcoin’s "digital gold" narrative still comes with rollercoaster risks.
— Curated via WP Now’s AI editorial system
