OTC Desks: Crypto's Shock Absorbers During the Crash

Crypto Crash Averted? Find out how private, off-screen trading desks prevented a total market meltdown on October 15th. When Bitcoin plunged and panic selling gripped exchanges like Binance, institutional traders secretly flocked to over-the-counter (OTC) desks, where massive trading volumes and tighter bid-ask spreads acted as shock absorbers. Discover how platforms like Finery Markets prevented wider chaos and contained the crypto crisis.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.