bullish
Bitcoin and Gold Correlation Hits Yearly High
SUMMARY
- Price Movements: Crypto markets performed better than traditional assets in Q3 despite a post-Merge September sell off.
- Market Liquidity: After Kucoin implemented a series of 5th anniversary contests, trade volume surged to all time highs. Exchanges are getting increasingly creative amid a widespread rout in trade volume.
- Derivatives: Luna Classic open interest tripled in September and funding rates turned deeply negative after Interpol issued a red notice for Do Kwon.
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