Crypto Report | October 10, 2026 The main theme in the crypto market today was discussion of how market structure has changed since the October 10, 2025 flash crash, a year ago. 👇 Top headlines: ▪️ Order book liquidity in Bitcoin and Ethereum markets has recovered significantly compared with the major crash in 2025. However, market depth for altcoins continues to weaken. ▪️ Although spot trading volume has recovered, it remains well below the levels seen during crash week. This suggests that the market is strengthening selectively rather than broadly. ▪️ XRP Ledger developers patched a serious software vulnerability that could theoretically have enabled $XRP to be created out of thin air, before it was exploited maliciously. There is no verified evidence that the vulnerability was used on-chain. ▪️ Bitcoin’s annualized volatility has fallen significantly compared with 2018, but the number of extreme daily price deviations recorded in 2026 has already surpassed the total for all of 2018. This shows that sudden price shocks continue despite seemingly calmer market conditions.