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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.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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.

Why this matters

Bitcoin is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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