Why is Crypto Down Today? The crypto market just faced its sharpest liquidation wave of October, catching overleveraged bulls off guard. Peace in the Middle East, anon. All safe haven assets are going to crash 80 percent, and leveraged speculative investments are going to 100x. Or are they? So far more than $630 million in positions were wiped out on October 9, according to data from Coinglass, with over 81% of those being long bets. dropped around 2%, while , BNB, and XRP each fell roughly 4%. Can you ...