Why Did The Bitcoin And Ethereum Prices Crash On October 10 And Will It Happe...
The Bitcoin price, which had been climbing steadily toward new all-time highs, suddenly plunged on October 10, dragging the Ethereum price and the rest of the market with it. According to the latest Binance Research monthly market insights, the crash wasn’t due to weak crypto fundamentals or a loss of investor interest, but to an abrupt flush-out of excessive risky positions following geopolitical shocks and macroeconomic uncertainty. Why The Bitcoin And Ethereum Prices Collapsed Binance Research reports that the October 10 crash occurred as traders sold more than $19 billion in high-risk....
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