Ahead of Consensus Hong Kong, Auros’ Jason Atkins says market depth, not hype, will determine crypto’s next phase.
Lack of liquidity is a growing concern in crypto, says Auros’ Jason Atkins
Ahead of Consensus Hong Kong, Auros’ Jason Atkins says market depth, not hype, will determine crypto’s next phase.
Shares:
WTI crude oil, which soared nearly 30% to $120 per barrel overnight, has pulled back to $95, easing pressure on risk assets.
Korean crypto markets are experiencing a rally, influenced by a $1 billion short squeeze and improving geopolitical sentiment.
Public miners race to scale as Bitcoin’s hashrate nears the zetahash threshold.
The rally comes after a broader weekly slump, with the CoinDesk 20 (CD20) index recovering from a near 15% drawdown over the week.