Why Isn’t Crypto Rising Despite Lower Yields?

Today, we discuss how the unwind of the popular BTC basis trade could act as a near-term headwind, explore why crypto now appears to have a negative correlation with bonds and explain our (admittedly low-conviction) view that altcoins might bounce soon.

Why Isn’t Crypto Rising Despite Lower Yields?

Tickers in this video: BTC

Disclosures (show)