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✉news BusinessCrypto first seen 1 d ago, last 15 h ago, peak #15

Crypto Flash Crash Sparks 'Black Monday' Fears

Original: ‘Black Monday’ Fears Grip Crypto Twitter After Bitcoin, Ethereum and $33M AI Perps Flash Crash

Bitcoin, Ethereum and an AI-themed perpetual futures token suffered a sudden flash crash, wiping out roughly $33 million and triggering talk of a coming 'Black Monday'-style market collapse across crypto communities. Traders are sharing warnings and debating whether the rapid sell-off is a one-off liquidation event or an early sign of a broader downturn hitting leveraged crypto positions.

Why now: A sudden flash crash in major cryptocurrencies has reignited fears of a larger market crash among traders.

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