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Wednesday, Jun 30, 2021
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The Flash Crash Of May 19 2021 Deribit Insights from insights.deribit.com
Source: media.ycharts.com
However, this was biggest drop of year 2021 and bullish run now seems like ended “for now”.
Source: lh3.googleusercontent.com
Bitcoin, ethereum and other altcoin all together crypto market is crashed with series of fud news that surrounded.
Source: news.coincu.com
But then over the next month, the price began a long tumble to where it is currently sitting at about $38,000 as of the writing of this article.
Source: cms.zerohedge.com
Then, ether fell by about 80%, and litecoin also fell by more than 50%.
Source: static.seekingalpha.com
With more than a 46% decrease in eth value and a 32% decrease in btc value in less than 12 hours, it was disastrous to many.
Source: pbs.twimg.com
In may, the cryptocurrency market crashed for the first time in 2021, with bitcoin price decline more than 40% from ath of $65,000 recorded in april.
Source: pbs.twimg.com
Since then, the market was more or less on a downward trajectory, making people wonder, “will the crypto market ever recover from this crash?
