The crash was caused by a perfect storm of short-term factors, causing $20 billion in liquidations — the worst 24-hour drain in crypto history.

The selling in Bitcoin and altcoin is not over yet, but data suggests that the nature of the CME Bitcoin and equities futures market open

Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history.

The provision in the National Defense Authorization Act could create even more economic pain for the crypto mining industry if passed.

The provision in the National Defense Authorization Act could create even more economic pain for the crypto mining industry if passed.

ZEC recovered all its value lost during Friday’s market meltdown and also hit a recent high of $291 before dipping to the $270 level.