BTC flash crashes to $24K on Binance's USD1 pair, recovers to $87K

Bitcoin experienced a temporary flash crash to $24,111 on Binance's BTC/USD1 trading pair on Wednesday before recovering to $87,880, Wu Blockchain reported. USD1 is a stablecoin issued by World Liberty Financial (WLFI), a firm associated with the family of U.S. President Donald Trump.