When Bots Compete and Spreads Get Weird Inside the Microstructure Signals Humans Still Miss
Crypto markets often look chaotic on the surface. Prices jump, spreads widen suddenly, and liquidity seems to vanish at random moments. Many traders blame volatility or news flow, but a quieter force is reshaping how these moves happen. Automated trading bots are increasingly competing with each other, and their interactions are changing market microstructure in […]
