$8 Billion 'October Shock' Leaves Bitcoin Spot Market in Liquidity Trap

The cryptocurrency market has faced numerous challenges in recent years, but one event that stands out is the $8 billion 'October shock' that affected Bitcoin's spot market.

This significant event led to a liquidity trap, causing uncertainty and volatility in the market. The exact cause of the shock remains unclear, but its impact on the market has been substantial.

Investors and traders have been left trying to understand the implications of this event, which has raised questions about the stability and security of the cryptocurrency market.