As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it?
The failure of a single exchange no longer causes a 20% or 25% crash in the exchange rates. We are no longer living in 2013, when there were just two major exchanges (BTC-e and Mt Gox). There are hundreds of major exchanges now, and even if one of them goes down, it will not have much of an impact on the exchange rate.