RATE Group | Cryptocurrency Exchange Order Books Are a Ghost Town, Data Shows
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Cryptocurrency Exchange Order Books Are a Ghost Town, Data Shows

Cryptocurrency Exchange Order Books Are a Ghost Town, Data Shows

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Last week, the cryptocurrency market collapsed alongside the stock market and the rest of the world of finance.

After the fallout, cryptocurrency exchanges have been left a ghost town, according to data extracted from order books of top trading platforms.

Cryptocurrency Exchange Order Books Empty, Market is a Ghost Town

Bitcoin and the rest of the cryptocurrency market experienced among one of the worst selloffs in the asset class’s short ten-year history.

The collapse in cryptocurrencies hit alongside historic losses in the stock market, gold, silver, oil, and nearly every other market in the financial world, as investors seek to liquidate their assets into cash to hold through what is the closest event to an apocalypse the world has ever witnessed.

Related Reading | Cryptocurrency Market Panic Selloff Barely Fazed Long Term Holders 

The madness left the cryptocurrency market in shambles, and order books a ghost town, according to data extracted by one crypto analyst.

The analyst…

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