The crypto market crash accelerated on Saturday as the futures open interest dipped and liquidations soared to over $1.6 billion, the highest level in weeks. This article explores whether the crypto industry will recover as the sell-off intensifies.
Summary
- The crypto market crash intensified on Saturday.
- The drop continued as liquidations jumped to over $1.6 trillion.
- The crash will likely continue and then recover later this year.
Why the crypto market crash is happening
The crypto market crash is being triggered by a few factors. One of the most notable ones is the fact that the odds that Donald Trump will attack Iran soon continued rising on Polymarket. These…
