The cryptocurrency market is currently grappling with a staggering $19 billion loss, often referred to as a '10/10' nightmare, as prices plummet and investor confidence dwindles. At the center of this turmoil, many are pointing fingers at Binance, one of the largest cryptocurrency exchanges in the world. This wave of blame arises from various factors, including concerns over regulatory scrutiny, liquidity issues, and suspected market manipulation. As the Bitcoin crash continues to unfold without any signs of recovery, industry experts and investors alike are increasingly questioning Binance's role in the ongoing decline and the broader implications for the future of cryptocurrency trading.
source: https://www.coindesk.com/markets/2026/02/01/crypto-s-usd19-billion-10-10-nightmare-why-everyone-is-blaming-binance-for-the-bitcoin-crash-that-won-t-end