Source: Coindesk.com
The bounce was broad-based, with nearly all cryptocurrencies of the Coindesk Market Index up in the past 24 hours. Funding rates for some altcoins and memecoins turned deeply negative, potentially leading to a swift move higher in a short squeeze, QCP Capital noted.
Crypto markets climbed higher Monday with bitcoin (BTC)
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The post "Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says" appeared first here Coindesk.com.
Source: Coindesk.com
