Crypto Market Volatility Skyrockets as Liquidation Cascades Exacerbate Concerns

October witnessed a surge in cryptocurrency market volatility, driven by substantial liquidations impacting Bitcoin and Ethereum. Macroeconomic events and elevated leverage levels played key roles in this escalation. Institutional investors are continuing to pour into Bitcoin exchange-traded funds (ETFs), signaling faith in the long-term stability of the asset. However, the increased vulnerability of crypto markets to external economic factors is prompting regulatory scrutiny and raising concerns about risk management across the digital asset ecosystem.