Thus, the surge in these risky loans is noteworthy as it can lead to a liquidation cascade. In this self-reinforced process, a series of liquidations happen quickly, lowering crypto prices. That, in turn, causes further liquidations and increased market turbulence.
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Omkar Godbole
https://www.coindesk.com/markets/2024/10/18/high-risk-crypto-loans-surge-to-a-two-year-high-of-55m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-10-18 05:44:08
