Black Monday Fears Return: Will Wall Street Crash Again on October 19 and Drag Bitcoin Down?
- —On October 19, 1987, the Dow lost 22.6% in one session, still the record
- —Perpetual futures on chip stocks fell as much as 5%; $51.6M liquidated in 10 minutes
- —Brent near $110, VIX at a four-month high, Treasury yields climbing
- —BTC and ETH funding rates remain close to neutral
Why it matters: Crypto trades 24/7 with no circuit breakers, so a sharp US selloff could trigger cascading liquidations before Wall Street even opens.
Source: Coinpedia