Will the Fed’s Rate Cut Spark a Rebound Post Crypto Market Crash? — TradingView News
The crypto market crash that began on October 10 has turned into one of the most devastating selloffs in digital asset history. Triggered by a wave of forced liquidations totaling nearly $19 billion, the event wiped out thousands of overleveraged positions across the market.
According to the Total crypto liquidation chart data, the majority of the losses came from long traders, signaling widespread panic and a sharp risk-off sentiment. The entire week was filled with liquidations, with amounts close to $23 billion collectively wiped out from October 10th to October 17th.
In the aftermath, Bitcoin 
BTCUSDT plunged below critical support levels, touching $103,600, while Ethereum 
ETHUSDT fell to $3,700, and XRP dropped to $2.20. The…
