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BitMEX token crashes 90% as exchange announces shutdown

Source: Cointelegraph
BitMEX token crashes 90% as exchange announces shutdown

BitMEX’s BMEX token plunged about 90% after the exchange announced plans to shut down, ending nearly 12 years in business as its Bitcoin futures market share shrank.

CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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