New YorkBitcoin order books are deeper than on crash day.
Last 10 October, $19 billion in leveraged positions liquidated after Donald Trump announced 100% China tariffs.
Depth is the value of orders resting near the price, and the deeper the book, the less a big trade moves it.
Weekly spot volume is still down nearly two-thirds from crash week, CoinDesk Research data show.
Tokens outside bitcoin and ether have not rebuilt that depth, CoinDesk Research found.
How each outlet framed it
- CoinDesk
- measures recovery via order-book depth across four dates, showing BTC/ETH deeper than before the crash while smaller tokens lag
Sources: CoinDesk