Crypto’s $19 billion '10/10' nightmare: Why everyone is blaming Binance for the bitcoin crash that won't end

Market Intelligence Analysis

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Why This Matters

The cryptocurrency market is still reeling from the October 10 liquidation cascade, with traders pointing fingers at Binance for the ongoing bitcoin crash, citing a lack of market depth recovery.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Months after the Oct. 10 liquidation cascade, market depth has yet to recover, and traders are divided over Binance's role as bitcoin continues to crash.

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Original article published by CoinDesk on February 1, 2026.
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