Citi Says Crypto Contagion Appears to Have Ceased

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Citi Says Crypto Contagion Appears to Have Ceased

The Coinbase price is normally at a premium, which could reflect new entrants or institutional demand, but the price turned to a discount in May, the note said. This “Coinbase premium” is now also returning towards historical levels, which suggests reduced crypto market stress, the note added. www.coindesk.com

The Coinbase price is normally at a premium, which could reflect new entrants or institutional demand, but the price turned to a discount in May, the note said. This “Coinbase premium” is now also returning towards historical levels, which suggests reduced crypto market stress, the note added.

www.coindesk.com