Crypto derivatives data signals improving investor sentiment and a possible t...
Money is trickling back into the crypto market and derivatives data suggests that investor confidence is improving as the market forms a bottom. This week the total crypto market capitalization rallied 10% to $1.68 trillion, which is a 25% recovery from the Jan. 24 bottom. It's too early to suggest that the market has found a bottom but two key indicators — The Tether/CNY premium and CME futures basis — have recently flipped bullish, signaling that positive investor sentiment is backing the current price recovery.Total crypto market cap excluding stablecoins, in USD billion. Source:....
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