Altcoin News: CoinMarketCap Notifies Users of a Drop in the Bitcoin Rate to Zero

September 18, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Marko Vidrih
Published in
2 min readSep 18, 2019

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Users of CoinMarketCap’s own cryptocurrency price tracking service application could be unpleasantly surprised this morning by receiving a notification with the following text: “Bitcoin is now below 5,300 USD (currently at 0.00 USD).”

Image credit: Twitter

Absurd values ​​were displayed on the site itself. So, due to an unknown bug, Bitcoin temporarily disappeared from the calculations, giving Ethereum supporters a moment of triumph, and the displayed total segment capitalization instantly dropped to $83 billion.

Image credit: CoinMarketCap

In fact, all this time Bitcoin continued to trade at around $10,200 without noticeable deviations.

Image credit: TradingView

Last week, CoinMarketCap notified users of a sudden Ocean Protocol pump, for obscure reasons, removing all exchanges from the index except one where the exchange rate deviated.

Image credit: CoinMarketCap

At the beginning of 2018, the service removed data from South Korean exchanges from XRP price calculations, thereby instantly lowering the displayed price and causing a wave of panic sales among investors.

Author:

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Marko Vidrih
The Dark Side

Most writers waste tremendous words to say nothing. I’m not one of them.