Bitcoin’s modest recovery after Friday’s record crypto crash has done little to ease the fallout from over $20 billion purge of leveraged bets that left parts of the market incapacitated. The unprecedented washout erased months of speculative build-up and forced some funds out entirely, traders say.
Bitcoin’s modest recovery after Friday’s record crypto crash has done little to ease the fallout from over $20 billion purge of leveraged bets that left parts of the market incapacitated. The unprecedented washout erased months of speculative build-u… [389 chars]
Source: Bloomberg | Published: 2025-10-13T18:52:04Z
Credit: Bloomberg