· Geral
One year after 2025 flash crash, Bitcoin and Ethereum recover liquidity
On the anniversary of the October 10, 2025 crash, which wiped out billions in leveraged positions, the order books for Bitcoin and Ethereum are deeper than before the event. The liquidity recovery in these two assets contrasts with altcoins, which continue facing volume erosion and structural risks. The crash from a year ago served as a warning about the dangers of excessive leverage in the crypto market. Although traders have developed better tools to identify risks, the macroeconomic forces that triggered the mass sell-off remain relevant. The question now is whether the market has truly learned from the episode or merely adapted to the symptoms. The difference between Bitcoin/Ethereum's recovery and the fragility of altcoins reflects the concentration of institutional liquidity in the largest assets — a pattern that should continue shaping market dynamics. https://www.coindesk.com/markets/2026/10/10/one-year-after-10-10-bitcoin-and-… https://www.coindesk.com/markets/2026/10/10/bitcoin-s-usd19-billion-wake-up-c…