Part 4/9:
Gold spiked as a secure asset while Bitcoin's price reflected back to approximately $99,000. High levels of losses ensued in the crypto markets, surpassing those witnessed during prior crashes like the Panorama crisis and the collapses of Terra Luna and FTX. For many crypto traders, the stark reality was that the Liquidation-levels from February 2 were the highest recorded since the inception of these turbulent markets.