Crypto Crash: Was a Technical Glitch the Real Culprit Behind the October 10th Downtrend?

Following the significant crypto market downturn that occurred on both November 20th and October 10th, analysts are questioning the extent to which technical glitches played a role. While Tom Lee, renowned Wall Street veteran, attributed the crash on October 10th to an ‘exchange’ glitch triggered by automated deleveraging (ADL) feature errors, new insights suggest this may not be the whole story. Crypto Banter’s Ran Neuner has presented compelling arguments that the MSCI decision regarding MicroStrategy’s inclusion in its indices might have significantly impacted market dynamics. This potential catalyst could explain the market’s downturn, particularly on October 10th, even though mainstream media and crypto outlets missed the significant announcement.