Cryptocurrencies

Crypto-Crash Autopsy Shows Billions Erased in Flash Liquidations

A wave of forced liquidations paves way for bulls to return
Futures and options market are stabilizing after the selloff

Eric Lam explains what Bitcoin's volatility means for investors.https://bloom.bg/3v3I0Ih (Source: Quicktake)

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By Justina Lee

May 20, 2021 at 6:59 PM UTC

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Cryptocurrency markets are stabilizing after a $500 billion Bitcoin wipeout snuffed out a slew of speculative excesses that had been building for months.