Crypto Flash Crashes: What You Need to Know

Crypto Flash Crashes: What You Need to Know
A cryptocurrency “flash crash” is a market event in which many holders of a particular crypto asset suddenly decide to sell, overwhelming buyers and forcing the price to fall sharply within a very short time period. The event differs from a regular crash in that the price tends to rebound very quickly, often ending up with the price close to its original level.It is often difficult or impossible to establish a thorough explanation for a flash crash. In the aftermath of such an event, the crypto media typically devolves into disputes about the culprit or catalyst.Early in 2021, crypto exchange…