The last week of September arrived with a sudden bloodbath across the board for all crypto assets. Bitcoin (BTC) sank closer to $8,000, before recovering to $8,522.60 as of 6:30 UTC on Wednesday. BTC reached a daily low on September 24 at $8,370.80.
BTC finally fulfilled the expectation of fear that has remained constant over the past month, based on the Bitcoin Fear and Greed Index. But Ethereum (ETH) took an even harder blow, losing more than 20% in the past day, to $169.49. Assets that depend on the ETH markets sank even deeper, as with EOS, which wiped out more than 30% to $2.86.
There is only one exceptional curiosity among top coins - Unus Sed Leo (LEO), the Bitfinex native token that was minted specifically to plug a liquidity hole in the exchange. LEO traded at $1.04, seemingly only slightly affected by the crypto bloodbath, suggesting its price may be artificially supported, with li...