Crypto Exchange Liqui Folds As Bitcoin (BTC) Price Plunge Strikes

Ouch… crypto platform Liqui, launched in 2016, is folding amid an extended Bitcoin (BTC) plunge-induced “winter.” Per a company release that has replaced Liqui’s exchange homepage, the upstart, which manages a once-popular trading platform, has determined that it will be “unable” to provide liquidity for its remaining clients. (Liqui isn’t so liquid more… huh.)

With this in mind, the company determined that it wouldn’t be economically feasible nor logical to run its platform for much longer, interestingly adding that it didn’t want to “return to where we were one month ago.” Liqui’s quip was likely in reference to the firm’s sudden decision to delist a mass of (even popular) cryptocurrencies in recent months, which left many traders outraged and disconcerted with the platform. Elaborating, Liqui’s media relations team wrote:

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