BTC, ETH, AI Stock Perpetuals Suddenly Dump as ‘Black Monday’ Fears Surge
BTC when published $81,694Now $80,577 ▼ −1.37% since it was published
Although the cryptocurrency markets are open during the weekends, they have become prone to volatility over the past several months, which returns on Monday morning. However, something strange happened over the past several hours: most digital assets experienced a sudden flash crash. It wasn’t an isolated case, as major AI stock perpetuals plunged by up to 5% within minutes, before rebounding. At the same time, calls for a “Black Monday” have skyrocketed, which could actually be a blessing in disguise. Flash Crash for All Markets Numerous reports on X outlined the rather unexpected developments that took place on the futures markets.
First reported by CryptoPotato. This page is a short excerpt; the full text is theirs.
