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Bitcoin marks one year since $19 billion flash crash

Original: Bitcoin's $19 billion wake-up call: One-year after flash crash, has crypto learned anything?

One year ago, a sudden flash crash wiped roughly $19 billion from Bitcoin and the wider crypto market, triggering cascading liquidations across major exchanges. The anniversary has prompted reflection on whether the industry has strengthened risk controls, leverage limits and market stability since the episode. Commentators remain divided on how much resilience has actually improved.

Why now: The one-year anniversary of the flash crash has renewed debate about lessons learned in crypto markets.

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