What Was Behind Last Week's Crash?

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 80 million users worldwide. Let's take a look at the chart of the day. Kio research aims to answer what caused last week's Bitcoin crash. The research firm points out a lesser known indicator slippage. Price slippage is the difference between the expected price at the time of market order and the price at which the order actually executes. This chart shows the average slippage for a hypothetical $10,000 market order on Binance Coinbase and crack in. We can see here that on January 2nd rose above 0.02% and remained there for over a day. This suggests that liquidity deteriorated even as prices stalled in the $45,000 range last week. Market watchers attributed the drawback to a report from Matrix Port head of Research Marcus Teen titled Why the SEC will reject Bitcoin spot ETF S again, this data from Kio shows that there could have been other factors at play. That's a wrap for chart of the day. I'm Jen Sani. We'll see you next time to unpack more of the data behind top news. Stories.