Altcoin Momentum Builds as Market Fragility Rises: Bitfinex Alpha
Over the past few weeks, crypto investors have been rotating their capital from bitcoin (BTC) into altcoins. That trend has not stopped. In fact, the market is witnessing a growing risk appetite among traders.
According to a weekly report by the crypto exchange Bitfinex, this trend is also evident in open interest ratios. Investors are deploying high leverage on volatile assets. As this dynamic of excessive speculation continues to build beneath the surface, the market structure becomes weaker and more vulnerable to liquidation cascades.
Read More
Altcoin Momentum Builds as Market Fragility Rises: Bitfinex Alpha
Over the past few weeks, crypto investors have been rotating their capital from bitcoin (BTC) into altcoins. That trend has not stopped. In fact, the market is witnessing a growing risk appetite among traders.
According to a weekly report by the crypto exchange Bitfinex, this trend is also evident in open interest ratios. Investors are deploying high leverage on volatile assets. As this dynamic of excessive speculation continues to build beneath the surface, the market structure becomes weaker and more vulnerable to liquidation cascades.
Read More