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Crypto Global Bid and Ask Metric Plunged 20% Over Weekend, Points to Paper Thin Liquidity

Hyblock Capital's global bid and ask indicator plunged 20% during Saturday's altcoin crash, indicating a sharp deterioration in the crypto market liquidity.

Updated Jun 12, 2023, 11:36 a.m. Published Jun 12, 2023, 10:53 a.m.
Crypto struck with paper thin liquidity (Olga Thelavart/Unsplash)
Crypto struck with paper thin liquidity (Olga Thelavart/Unsplash)