BTC, ETH Flash Crash Over the Weekend as AI Stock Perpetuals Sink Up to 5%
- —BTC fell roughly $1,000 and rebounded $1,200 with no clear catalyst
- —ETH slid from $2,420 to $2,360 and recovered to $2,410
- —SOXL -5.45%, SNDK -3.6%, MU -3.42% on perpetuals within minutes
- —Prior week: S&P 500 -2%, Nasdaq 100 and Nikkei about -5%, KOSPI -14%
Why it matters: Round-the-clock perpetual trading leaves crypto and tokenized equities exposed to weekend shocks, with US markets set to reopen Monday.
Source: CryptoPotato