News: Crypto Flash Crash

04/20/2021 –

  • Crypto market flash crash – Bitcoin drops over 15%, Ethereum drops over 20%
  • Belvoir Crypto Alpha Strategy protects assets and generates positive returns +0.44%

After a run-up in prices last week, cryptocurrencies experienced a sharp correction over the weekend. Bitcoin dropped 15% and Ethereum dropped over 20% from their recent highs. The move was enlarged by an overnight crash that started Saturday night (CET) and in less than 24 hours about $310 billion was wiped from the total market capitalization of the cryptocurrencies.

Read here how the Belvoir Crypto Alpha Strategy passed this first stress scenario and tail risk event.

Back to News