The main reasons for the collapse of the crypto market have become known — 10x Research

The decline in the quotes of Bitcoin, Ether, and other crypto assets was caused by a combination of low liquidity and high leverage, specialists from the company 10x Research reported.
Investors have become cautious, and as long as liquidity does not recover, sharp spikes in volatility will continue, analysts at 10x Research said. Trading volume on exchanges has decreased several times over the past week, and the growth has been short-lived, quickly replaced by a weakening market structure and prolonged phases of correction.

Traders with high leverage have become increasingly vulnerable, raising the risk of a downward breakdown. Currently, the activity of such traders is declining again, and this situation may last at least until the beginning of October, experts from 10x Research believe.