kumho
@kumhovo
QCP Capital noted that the rise in cryptocurrency perpetual contract funding rates suggests that Bitcoin could fall to $61,000 in the short term.
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kumho
@kumhovo
“The rise in the metric on Deribit and Binance, coupled with the rush to buy meme coins, makes us wary of a downward move in the first cryptocurrency. This often happens when investors least expect it,” the report says.
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