The fall may have been accelerated by portfolio insurance hedging (using computer-based models to buy or sell index futures in various stock market conditions) or a self-reinforcing contagion of fear
Algorithms and feedback loops gummed up all the crypto exchanges and liquidity disappeared.
The crypto tide went out and we all saw who wasn’t wearing any shorts.
Anyone notice how far crypto dropped? I think Tesla’s next, then maybe AI at same time or right after
Crypto had it’s black monday.
Algorithms and feedback loops gummed up all the crypto exchanges and liquidity disappeared.
The crypto tide went out and we all saw who wasn’t wearing any shorts.
Zoom out past a week? 5-10% swings are not uncommon.
Wasn’t that just a temporary drop so that some whales could get richer on shorts?
Isn’t crypto being massaged by trump atm, so erratic is kinda the new normal? (And, not erratic from trumps view)