Bitcoin’s Volatile Ride: Crash Highlights Market Risks Despite ETF Growth

Despite Bitcoin surpassing $105,000 on Friday following a 13.7% crash, analysts point to long-standing volatility as a crucial factor. Friday’s sudden drop – the largest since May 2017 – was driven by factors like liquidations triggered by portfolio margin issues and a market closure on Monday due to US holiday celebrations. 5 billion dollars in Bitcoin futures were liquidated during the crash, highlighting the risks of trading in illiquid markets.