Binance Blamed for Bitcoin Crash: The $19 Billion Crypto Nightmare Explained

The cryptocurrency market is facing a severe downturn, with a staggering $19 billion in liquidations. This event, described as a '10/10' nightmare by traders, has sparked widespread criticism directed at Binance, the world's largest crypto exchange. Many in the community are attributing the prolonged Bitcoin (BTC) price crash to the platform's activities and market influence. Analysts point to massive sell-offs and leveraged trading on Binance as key factors exacerbating the market's volatility and preventing a stable recovery. This situation highlights the immense power centralized exchanges wield over digital asset prices and raises questions about market stability.