TechFlow news, December 27 — According to Cointelegraph, an X platform user @CryptoDevil9 reported that TradingView temporarily displayed Bitcoin's market dominance dropping to 0%, a glitch later corrected. Affected by this incident, BTC price rapidly declined nearly 4% from its peak, touching around $95,000, triggering the liquidation of approximately $33 million in long positions.
Analyst Satoshi Flipper stated on social media that the sell-off may have stemmed from panic triggered by the erroneous Bitcoin dominance data on TradingView. In recent weeks, Bitcoin's market dominance has been a focal point for traders. Data shows that in mid-November, Bitcoin's dominance briefly surpassed 61.5% before retreating.
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