Tradingview Outage Caused Bitcoin Price to Temporarily Drop to $0 on Mexico

Error caused a stir on social media

On Friday, June 6, 2025, unrest arose after TradingView suddenly showed that Bitcoin (BTC) on the MEXC exchange briefly plunged to $0. This caused a lot of commotion on social media, where users feared huge losses due to the liquidation of all long positions. Interestingly, this error was not visible on MEXC's own platform.

What exactly happened?

MEXC, a centralized cryptocurrency exchange based in the Seychelles, has been focused on improving its services this year. After many meme coin listings in 2024, the company is now shifting its focus from quantity to quality. However, this positive development was overshadowed by reports that Bitcoin on MEXC briefly hit zero dollars.

Strong reactions appeared on Twitter, such as this one from user @cryptobeastreal:

“A wick that sent Bitcoin to ZERO for a few seconds, liquidating all BTC long positions. MEXC is a SCAM. This exchange is run by criminals.”

MEXC responds: It was a display error on TradingView

The MEXC team quickly came up with a statement to calm the panic:

“The BTC wick to $0 that was circulating on June 5th was a display error on TradingView. On our official site everything was normal. There was no pricing error on MEXC itself.”

MEXC is working with TradingView to investigate this error and prevent it from happening again. They emphasize that traders should always check rumors themselves and contact customer service if in doubt.

Trade responds with a spike in volume

After the incident, trading volume on MEXC increased by more than 51% within 24 hours. Whether this was due to panic selling or other factors is unclear. However, it does show the importance of being careful with information in a fast-moving crypto market.

Importance of reliable information

This incident highlights how quickly unsubstantiated rumors can spread and affect markets. MEXC was wrongly accused of fraud when the problem was external to their platform. The incident underscores the importance of transparency and clear communication to avoid unnecessary market chaos.

Frequently Asked Questions

Did Bitcoin Really Drop to $0 on MEXC?

No, this was an error in the price display on TradingView, not on the MEXC platform itself.

Did this bug impact users?

Confusion may have arisen, but there have been no reports of actual liquidations due to this error.

What is MEXC doing to prevent recurrence?

They are working with TradingView to investigate the cause and ensure this does not happen again.