Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says CoinDesk
News Source : CoinDesk
News Summary
- Bitcoin (BTC) advanced over 3% over the past 24 hours, recently changing hands at $66,500
- Ether (ETH) held steady near $3,200, but lagging with its 1
- 5% increase during the same period
- 163 out of 173 cryptos in the CoinDesk Market Index (CMI) posted positive daily returns
The bounce was broadbased, with nearly all cryptocurrencies of the Coindesk Market Index up in the past 24 hours.Funding rates for some altcoins and memecoins turned deeply negati [+2665 chars]