Bitcoin (BTC) recently experienced a sharp price decline, which created panic across the crypto market. The drop was mainly caused by increased selling pressure, market uncertainty, and risk-off sentiment among investors. There was no single major technical mistake in Bitcoin itself; rather, the fall was driven by normal market volatility and liquidation of leveraged positions.
During this period, rumors spread on social media claiming that people received “free Bitcoin” due to a system error. In reality, this was not a global Bitcoin issue. Such incidents usually happen due to exchange-level glitches or operational mistakes and affect only a very limited number of users. For the general public, claims of free Bitcoin are mostly scams and should be avoided.
Regarding safety, Binance remains one of the largest and most secure cryptocurrency exchanges in the world. It uses strong security measures, cold storage, and proof-of-reserves systems. However, no centralized exchange is completely risk-free. For long-term holding, experts recommend moving Bitcoin from exchanges to personal wallets where users control their private keys.
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