More than $19 billion of crypto bets were liquidated in a flash crash on Oct. 10, and spot bitcoin trading volumes have plunged 66% since their January highs. The event has left the market reeling, sustaining elevated volatility and reduced liquidity that increases tail‑risk and sustains a risk‑off posture among investors.
More than $19 billion of crypto bets were liquidated in a flash crash on Oct. 10, and spot bitcoin trading volumes have plunged 66% since their January highs. The event has left the market reeling, sustaining elevated volatility and reduced liquidity that increases tail‑risk and sustains a risk‑off posture among investors.
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strongly negative
Sentiment Score
-0.70
