TradingView Glitch Shows Bitcoin at Zero on MEXC
TradingView Error Shows Bitcoin at Zero on MEXC
A visual error on the TradingView platform temporarily displayed Bitcoin's price as zero on the MEXC exchange. This caused significant concern and social media activity, despite the glitch not appearing on MEXC's own platform. MEXC's trading volume, however, experienced a 51% surge in the 24 hours following the incident.
The Incident and its Aftermath
The incident occurred on June 5th, 2025, and was quickly reported by traders on social media. The perceived instantaneous drop from over $100,000 to $0 triggered alarm, especially for those with long Bitcoin positions. The fear of significant losses fueled speculation and concerns about the exchange's reliability.
MEXC swiftly responded, clarifying on social media that the zero price was solely a display error on TradingView and not a reflection of actual trading activity on their platform. They stated that they were working with TradingView to resolve the issue and prevent similar occurrences. Despite this clarification, the incident highlighted the potential for misinformation to negatively impact market sentiment.
Impact on MEXC and the Crypto Market
While the error was confined to TradingView, the event had a palpable effect. The 51% increase in MEXC's 24-hour trading volume warrants attention. Whether this volume increase was due to panic selling or opportunistic trading remains unclear, but it demonstrates the volatility and reaction-driven nature of the crypto market. Such events emphasize the importance of verifying information from reputable sources.
Importance of Verified Information
This incident underscores the critical need for accurate information in the fast-paced crypto world. Rumors and unverified reports can quickly escalate, causing significant market fluctuations and impacting traders' confidence. It's crucial to rely on trusted sources and official announcements from exchanges and platforms before making any trading decisions.
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Disclaimer
BeInCrypto is committed to providing accurate and timely information. However, readers should independently verify information and consult with professionals before making any investment decisions.