In today’s briefing:
- Crypto Crisp: Stripe Returns to Crypto
Crypto Crisp: Stripe Returns to Crypto
- It is no surprise that we have maintained a bullish stance in crypto over the past month, given the uptick in US dollar liquidity and the easing tensions between Israel and Iran.
- Despite these factors, the market adopted a predominantly pessimistic view, highlighted by a negative futures funding rate.
- This suggested to us that the market was misaligned with the outside environment.