For the first time since 2018, the US Consumer Price Index (CPI) will be released on a Friday, and this time, under highly unusual circumstances. The September inflation report, due this Friday, comes amid …
Friday
- Altcoin Highlights
Crypto Hackers Lose Millions During ‘Black Friday’ Market Meltdown Due to Panic Selling
by adminby adminLast week’s massive crypto crash didn’t just hit traders, it also wiped out millions in stolen funds held by hackers who, caught in the panic, misplayed the market with disastrous timing. Blockchain sleuth Lookonchain …
Key Notes Bitcoin continues to trade below the critical $112,000 mark amid global market stress. A $19 billion futures wipeout sparks fears of a deeper correction. Analysts warn of fragility but see long-term recovery …
The digital asset market faced its largest-ever liquidation cascade on October 10, now being referred to as crypto’s Black Friday. Within 24 hours, over $19 billion in leveraged positions were wiped out, marking the …
- DeFi Market
Weekend ‘Crypto Black Friday’ liquidation cascade: What actually happened?
by adminby adminCrypto markets absorbed approximately $19 billion to $20 billion in forced liquidations within 24 hours on Oct. 10, marking the largest single-day deleveraging event on record. Hyperliquid processed more than $10 billion, while Binance …
The coins hit by the Black Friday crash on October 10 faced some of the sharpest declines of the year. Prices across exchanges collapsed within minutes as billions in leveraged positions were wiped out, …
Friday was the largest liquidation event on a nominal basis in crypto history. The scale of deleveraging is best understood by looking at open interest (OI) — the total value of outstanding futures and …
A wave of leveraged long liquidations has exposed bitcoin’s BTC$112,218.68 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 …