Friday’s flash crash was largely influenced by a cascade of leveraged liquidations. Will large moves like this be the new norm? https://t.co/QDYgE6ZyEl ...

A wave of leveraged long liquidations has exposed bitcoin’s (BTC) equity sensitivity, according to Wall Street bank Citigroup. The bank said worsening U.S.-China trade tensions triggered a sharp futures selloff on Friday that spilled into crypto, underscoring its volatility and correlation with equities. Both crypto and stock markets have since clawed back some losses, the report noted. The world's largest cryptocurrency was trading around $111,700 at publication time. A violent flash crash hit crypto m ...

QCP Capital noted that after over $1.7B in leveraged liquidations, crypto markets have stabilized with funds rotating back into BTC as dominance rose to 57% and ETH fell to 12%. With October historically BTC’s strongest month and strong demand for 120k–125k calls, Powell’s remarks and Core PCE data this week could provide a catalyst for a Q4 breakout.https://t.co/7UaszYqhuU ...

Analysts flag further downside risk as crypto market retreat triggers $900 million in leveraged liquidations https://t.co/RAWjebSMJl ...