Weekend crypto crash: leverage and crypto loans with bitcoin below $66,000

The crypto crash reached its next stage on Saturday. Bitcoin is trading below $66,000, ether below $1,850, and the crypto market as a whole has lost between 3 and 7 percent in 24 hours, depending on the data provider. Before you think about buying the dip or selling, two things matter this weekend: how far your leveraged positions are from their liquidation price, and the loan-to-value ratio of any crypto loan. Both come with a deadline, and both can run out faster than Monday arrives. This guide puts the situation in context. It contains no price forecast.