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Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions

Ripples from Terra‘s (LUNA) collapse continue to impact crypto markets, especially the decentralized finance industry. Moreover, the recent decline in traditional markets has led to a loss of $7.6 trillion in market cap from the Nasdaq Stock Market Index, which is higher than the dot-com bubble and the March 2020 sell-offs.

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Source: Cryptocurrency - investing.com

U.S. dollar net long bets slip, bitcoin futures surge-CFTC, Reuters data

Big Tech Is Getting Clobbered on Wall Street. It’s a Good Time for Them.