Jason Choi: 10/10 event harmed crypto market structure and Bitcoin resilience

Jason Choi: 10/10 event harmed crypto market structure and Bitcoin resilience
Crypto market harmed by recent event

Jason Choi, co-founder at Tangent, expresses concern over the impact of a recent 10/10 event on the crypto market structure.

Choi argues that the incident not only led to widespread retail liquidations but also caused lasting damage to how the crypto market operates. He further notes that Bitcoin's highly reflexive price action resulted in additional underperformance at a critical moment when resilience was essential for the asset.

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