EconomyA Year After a $19 Billion Crash, Crypto Faces a New Reality

A year ago, crypto was buoyed by White House backing, Wall Street enthusiasm and hopes for a new golden age. October’s historic crash then erased a record $19 billion in leveraged bets in one day, prompting an industry-wide pullback and revealing the fragility of a market structure thought to be maturing.

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BBloomberg News★★☆☆☆2026-10-10 18:00Original