The ongoing challenges within the credit market, often referred to as the 'Cockroach' problem due to its tendency to reveal underlying weaknesses, have now begun to impact Bitcoin (BTC) significantly, culminating in a staggering $1.2 billion worth of liquidations. This development has been highlighted in the latest edition of the Crypto Daybook for the Americas, which details the recent fluctuations and trends in the cryptocurrency landscape. The repercussions of these credit market issues are causing angst among investors and traders alike, signaling potential volatility within the crypto sector.
source: https://www.coindesk.com/daybook-us/2025/10/17/credit-market-s-cockroach-problem-hits-btc-as-usd1-2b-gets-liquidated-crypto-daybook-americas