Bitcoin price hit $6000 on Bitfinex May 3 as the embattled cryptocurrency exchange continues to offer the cryptocurrency at a premium.


Bitfinex Trades $6k Bitcoin

Data from Tradingview.com tracking cross-exchange Bitcoin price confirmed the ongoing discrepancy between Bitfinex and other platforms Friday.

At press time, BTC/USD traded around $6025 on Bitfinex, almost $400 more than other major order books such as Coinbase, Bittrex and Bitstamp.

As Bitcoinist already reported, Bitcoin price hit new highs not seen since its November 2018 breakdown this week, topping $5730 Friday before undergoing a slight pullback. Shorts had decreased from a recent peak in line with that pullback.

Bitfinex-Tether Legal Case Grinds On

At the same time, Bitfinex is remonstrating with the New York Attorney General over fresh accusations it lost funds worth $850 million under suspicious circumstances.

In the latest revelations, authorities allege Bitfinex lost control of funds it gave to Panama-based Crypto Capital Corp. in summer 2018 as part of…

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Source: https://thebitcoinnews.com/bitcoin-price-breaks-key-6000-level-with-bitfinex-premium/