Altcoins Stuck Below Post-FTX Low as Crypto Risk Appetite Sinks
A display of cryptocurrency logos at an exchange in Hong Kong, China.
Photographer: Paul Yeung/BloombergThe crypto market is stuck in post-liquidation limbo less than two weeks after a nearly $20 billion selloff triggered the largest single-day washout in the industry’s history.
The Oct. 10 crash snuffed out speculative froth across the riskiest corners of the asset class — and left Bitcoin, altcoins and flagship ETFs drifting without a clear path to recovery.