HomeCrypto GamingShiba Inu Open Interest Tops $100M, Raises Red Flag For Bitcoin

Shiba Inu Open Interest Tops $100M, Raises Red Flag For Bitcoin

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The sample is according to conventional markets the place outsized features in meme shares relative to defensive performs are seen as a opposite indicator for the broader market. Bitcoin, the main cryptocurrency by market worth, has traded useless flat close to $30,000 this month amid the SHIB rally, CoinDesk knowledge present.

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