Jim Cramer says investors should welcome an impending pullback, not fear it – CNBC
For Kramer, such setbacks may be difficult to predict, but they are bound to happen. He used a gardening analogy, comparing withdrawal to rain and portfolios to plants. We need others to achieve growth. While it’s wise to raise cash to protect against a backlash, Kramer also suggested weathering the disruption. If investors are always […]
Crypto Funding Rates Reset After Bitcoin's Sharp Pullback From $69K – CoinDesk
Bitcoin’s (Bitcoin) The overnight rebound from new record highs cleared the market of excess leverage and normalized funding rates in the crypto perpetual futures market. The top cryptocurrency by market capitalization fell 10% to $59,700 after hitting a lifetime high above $69,000. This correction forced the termination of his $1 billion worth of leveraged perpetual […]
Bitcoin's 'Sell The Fact' Pullback Came From Binance, OKX: Kaiko – CoinDesk
Bitcoin (Bitcoin) Stocks have been under pressure since spot exchange-traded funds (ETFs) began trading in the U.S. last Thursday. The selling pressure is concentrated on the top crypto exchanges by trading volume, Binance, OKX, and Upbit, according to data tracked by Paris-based Kaiko. Bitcoin, the top cryptocurrency by market capitalization, is trading at $42,700 at […]