Altcoins Cratered in Oct. 10 Crypto Flash Crash as Bitcoin Held Up, Wiston Capital Says
NegativeCryptocurrency

On October 10, the cryptocurrency market experienced a significant flash crash, particularly impacting altcoins, according to Wiston Capital's Charlie Erith. He attributes this downturn to a leverage cascade, which caused a rapid decline in altcoin values while Bitcoin remained relatively stable. This situation is crucial for investors as it highlights the volatility in the crypto market and the importance of monitoring specific signals before making investment decisions.
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