Is Bitcoin About To See A Repeat Of 2020-2021? What Happened After The Last Flash Crash
October 16, 2025 · 10:30 AM
On October 20, 2025, the crypto market experienced a significant flash crash, with Bitcoin plunging 20% and altcoins suffering losses between 50% and 80%. This event led to over $19 billion in liquidated leveraged positions, marking the largest liquidation in crypto history. Analysts, including Rekt Fencer, have drawn comparisons to the 2020 COVID-19 crash, which also caused substantial market declines.
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