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no one’s talking about how this crypto rollercoaster is literally insane 🤯📉 Wall Street getting a stress test from brutal sell-offs
bro that was more brutal than my last $DOGE investment… are we all just gluttons for punishment in this crypto game?! 📉
yo bro, who’s stress-testing who now?! bitcoin be playing Wall Street like a fiddle 🚀📉 #cryptoislife #
crypto rollercoaster: euphoria to despair. flash crash: lack of weekend liquidity, excessive leverage. fear & greed index: “extreme fear
Reversals of fortune are common for Bitcoin fans – euphoric rallies followed by brutal sell-offs. Recent weeks saw a sharp, unexpected reversal, wiping out around $500 billion in Bitcoin value. The current decline is seen as more about technical and confidence issues than systemic cracks. The flash crash on October 10, where $19 billion in crypto bets were liquidated, revealed the lack of liquidity during weekend trading and excessive leverage. The Fear and Greed Index is currently at “extreme fear” levels.
https://altcoin.observer/brutal-crypto-month-sparks-stress-test-for-wall-street/
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