Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop
GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin.
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Index data points to a changing of the altcoin guard, as Web 3.0 surges.
Traders are betting on the "smart-contract" blockchain, which aims to compete with market leader Ethereum, even though it doesn't yet have smart-contract functionality.
Market Wrap: Bitcoin Futures Premium Rises Again Despite Bitcoin’s Relatively Flat Performance
Apr 6, 2021
Bitcoin traders are increasing their bullish bets in futures markets – and taking more risk.
There are signs some of the excessive leverage had been wrung out of the market, implying the potential for a fresh more to the upside, analysts said.
Kraken said ether's price had a "sharp" downward movement on Monday.
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