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BitGet suggests ‘sluggish market,’ Asian holidays caused BGB 56% drop, promises compensation for loses

Bitget exchange’s native BGB token plunged from $1.15 to $0.5344 on Oct.7 before partially recovering, causing concern among traders. The sudden volatility lasted about ten minutes, prompting Bitget to announce a compensation plan for affected users. At approximately 02:58 UTC, the token’s value dropped by 56% in just five minutes. Shortly after, BGB rebounded to […]

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