Sygnum: Real-World Perps Thrive, While Altcoins Languish
A surge in energy prices due to the ongoing conflict in the Middle East has caused a surge in trading volume in commodity-linked perpetual futures contracts.
A surge in energy prices due to the ongoing conflict in the Middle East has caused a surge in trading volume in commodity-linked perpetual futures contracts.
Bitcoin’s hold on $70,000 slips as rising treasury yields, inflation concerns and the risk of a prolonged war in Iran discourage investors.
Bitcoin’s odds of holding above $70,000 waver as spot BTC ETF outflows and sharp selling from US equities place the current crypto market recovery in peril.
Bitcoin and several major altcoins sold off right at their overhead resistance levels, indicating that the bears remain sellers on rallies.
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