Riding the Crypto Wave: Altcoins and Strategies After the Crash
With the recent flash crash shaking the foundations of the cryptocurrency market, it’s hard to overlook just how volatile this space can be. But for those of us who have been around long enough, we know that these downturns can be the golden ticket to future gains. So, in the wake of the recent turmoil, let’s break down what’s happened, spotlight a few promising altcoins, and discuss some strategies for navigating these choppy waters.
What Caused the Recent Market Downturn?
Just a couple of days ago, we witnessed a massive flash crash that wiped billions off the market in record time. The catalyst? A mammoth transfer of 24,000 BTC — that’s over $300 million — that sent cascading liquidations through the exchanges, erasing…
