✉news BusinessCrypto first seen 1 d ago, last 14 h ago, peak #6
Bitcoin and ether liquidity rebounds a year after $19 billion flash crash
Original: Bitcoin (BTC) and ether (ETH) liquidity rebounds a year after $19 billion crypto flash crash
A year after a crypto flash crash wiped out roughly $19 billion in positions, liquidity in bitcoin and ether markets has recovered, according to CoinDesk. The rebound suggests traders and market makers have returned to the two largest cryptocurrencies after the shock event, restoring order-book depth and easing concerns about lasting damage to market conditions.
Why now: The anniversary of a major market crash makes the recovery in trading conditions a timely topic for crypto watchers.
Evidence
- Bitcoin (BTC) and ether (ETH) liquidity rebounds a year after $19 billion crypto flash crash · CoinDesk
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