BitMart's platform token BMX plummeted over 60% last night, with its market capitalization now down to $48 million

BlockBeats News, July 25th, according to Coingecko data, BitMart's platform token BMX experienced a flash crash last night at 19:35, with a drop of over 60% in 1 hour, falling to near $0.11; it has now rebounded to $0.14, with a 24-hour decline narrowed to 53%, currently priced at $0.142, with a market cap of $48 million.

BitMart is currently ranked 74th on the centralized exchange list, with a trading volume of $1.1 billion in the past 24 hours. BitMart has a Coingecko Trust Score of 6 out of 10.