Important News from Last Night and This Morning (October 10th - 11th)

The crypto market experienced significant volatility: BTC plummeted below $104,000, a drop of over 12%, and ETH plummeted below $3,400, a drop of over 17%. Over $19 billion in liquidated positions were reported across the entire cryptocurrency market in a 24-hour period. Multiple platforms experienced price decoupling and forced liquidations, resulting in whale short sellers profiting over $160 million.