Shiba Inu Open Interest Tops $100M, Raises Red Flag For Bitcoin

0
94
Shiba Inu Open Interest Tops 0M, Raises Red Flag For Bitcoin



The pattern is consistent with traditional markets where outsized gains in meme stocks relative to defensive plays are seen as a contrary indicator for the broader market. Bitcoin, the leading cryptocurrency by market value, has traded dead flat near $30,000 this month amid the SHIB rally, CoinDesk data show.



Source link

Leave a reply

Please enter your comment!
Please enter your name here