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HomeCrypto NewsCrypto Market Shows Signs of Stability Ahead of U.S. CPI

Crypto Market Shows Signs of Stability Ahead of U.S. CPI

Bernd Sischka, Chief Commercial Officer at PowerTrade, a crypto options and derivatives exchange, said to CoinDesk in a note that this swift rally wasn’t necessarily driven by a genuine shift from bearish to bullish sentiments. Instead, it appeared to be spurred by aggressive short covering and a liquidity crunch, leading to rapid and volatile price movements.

www.coindesk.com

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