Lower Rates and Broader Short Covering Could Spark Rally in Crypto Equities
In today’s video, we discuss this morning’s PPI data being somewhat of a non-factor as investors brace for tomorrow’s CPI release, which could serve as a catalyst for a short squeeze in crypto equities.
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In today's video, we discuss the significance of the House's bipartisan rejection of the DeFi broker rule, why we suspect MicroStrategy's buying might have been a key catalyst behind today's rally, our concerns about the unsettling move in high-yield credit markets, and key developments we're monitoring closely for the remainder of this week. TICKERS IN THIS VIDEO: BTC -1.49%
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