Crypto Crash: Community Points Finger at Binance, Wintermute, and Trump

The cryptocurrency market experienced its largest-ever crash on October 11th, wiping out over $500 billion in market capitalization and triggering nearly $20 billion in liquidations. Charts show Bitcoin plummeting to a low of $104,582, while Ethereum fell to $3,460. The crypto community is pointing fingers at Binance cryptocurrency exchange, the Wintermute market maker, and US President Donald Trump as the likely catalysts for this sudden crash. Learn more about the full details of the incident.