A relief rally tied to recovering U.S. equities lifted BTC and ETH off weekly lows, but bearish derivatives positioning and negative CVD suggest the rebound may be fragile.
Bitcoin and Ethereum experienced a relief rally, lifting them off their weekly lows, primarily driven by a recovery in U.S. equities. Despite this temporary upturn, bearish derivatives positioning and negative Cumulative Volume Delta (CVD) signal that the rebound is fragile and…
Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.