Rollercoaster move in crypto over the U.S. long weekend.
On Saturday, total crypto market cap added $84B. By Sunday, the entire gain was erased — followed by another $100B drop. Classic weekend liquidity hunt. With U.S. markets closed and thinner order books, leverage traders got squeezed on both sides.
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Rollercoaster move in crypto over the U.S. long weekend.
On Saturday, total crypto market cap added $84B.
By Sunday, the entire gain was erased — followed by another $100B drop.
Classic weekend liquidity hunt.
With U.S. markets closed and thinner order books, leverage traders got squeezed on both sides.