Although the cryptocurrency markets are open during the weekends, they have become prone to volatility over the past several months, which returns on Monday morning.<\/p>\n
However, something strange happened over the past several hours: most digital assets experienced a sudden flash crash. It wasn\u2019t an isolated case, as major AI stock perpetuals plunged by up to 5% within minutes, before rebounding. At the same time, calls for a \u201cBlack Monday\u201d have skyrocketed, which could actually be a blessing in disguise.<\/p>\n
Numerous reports on X outlined the rather unexpected developments that took place on the futures markets. Recall that most financial markets closed a painful week, with the S&P 500 dropping by 2%, the Nasdaq 100 and the Nikkei tanking by roughly 5%, while the KOSPI plunged<\/a> by nearly 14%.<\/p>\n Some major perpetuals, most linked to AI stocks and semiconductor businesses, dropped hard on Saturday evening\/Sunday morning, including SOXL (-5.45%), SNDK (-3.6%), MU (-3.42%), and others. Most losses were quickly erased, with markets rebounding from this flash crash, but millions of dollars worth of leveraged positions were already liquidated.<\/p>\n Something similar transpired in the crypto markets, with BTC dropping by a grand before rebounding by $1,200, and ETH tanking from $2,420 to $2,360, and back to $2,410. Many analysts caught these moves and questioned whether this was just a weekend shakeout or a warning before \u201cBlack Monday.\u201d<\/p>\n BREAKING: Something very WEIRD just happened.<\/p>\n Bitcoin and Ethereum suddenly dumped, while major AI stock perpetuals plunged 5% within SECONDS, then quickly bounced.<\/p>\n No obvious news. U.S. stock markets closed.<\/p>\n With onchain trading running 24\/7, there\u2019s no rest anymore.<\/p>\n A weekend shakeout\u2026 or a warning before BLACK MONDAY?<\/p>\n \u2014 Crypto Rover (@cryptorover) October 18, 2026<\/a><\/p>\n\n Calls for such a \u201cBlack Monday\u201d development have skyrocketed over the weekend after the painful end to the previous business week. However, the Kobeissi Letter believes such expectations typically lead to the opposite move and predicted<\/a> the S&P 500 could soon hit<\/a> a new all-time high of 8,000 if \u201chistory is any guide.\u201d<\/p>\n Although they might not be directly related, these price moves coincided with the latest escalation in the war between Russia and Ukraine. This time, the latter struck the St. Petersburg oil port and \u201cset it ablaze,\u201d according<\/a> to reports on circulating videos online.<\/p>\n The two sides had reached an agreement earlier this week to refrain from hitting each other\u2019s energy centers, which was reportedly violated by Russia. Ukraine\u2019s President Zelenskyy said his country will restart attacking Russian energy sites.<\/p>\n The post BTC, ETH, AI Stock Perpetuals Suddenly Dump as \u2018Black Monday\u2019 Fears Surge<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Although the cryptocurrency markets are open during the weekends, they have become prone to volatility over the past several months, which returns on Monday morning. However, something strange happened over the past several hours: most digital assets experienced a sudden flash crash. It wasn\u2019t an isolated case, as major AI stock perpetuals plunged by up […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-240809","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/240809"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=240809"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/240809\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=240809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=240809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=240809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ukraine Hits Russia<\/h2>\n