Morning Minute: Crypto Rebounds as 'Black Monday' Looms
Summary
Crypto markets have weakened ahead of the anniversary of the 1987 Black Monday crash. Bitcoin fell 1.4% over the week, while other major tokens lost an average of 7.5%; the steepest weekly losses among smaller tokens exceeded 20%. Spot Bitcoin and Ethereum ETFs recorded $548.5 million in combined weekly outflows, bringing October outflows to $1.86 billion. The writer contrasts the current slow, orderly decline and modest weekend recovery with the rapid liquidation cascade seen on October 10, 2025, arguing that widespread fears of a crash make another Black Monday unlikely in the near term.
