Bitcoin (BTC) $62,545.13 1.71%
Ethereum (ETH) $1,756.43 3.44%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 82.281263 2.02%
Cardano (ADA) $0.18 11.55%
Chainlink (LINK) $7.96 2.85%
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Dash (DASH) $35.83 3.82%
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X-Cash (XCASH) 1.0E-6 0.14%
Dogecoin (DOGE) $0.00 4.26%

Cryptocurrencies: 29369

Markets: 112818

Market Cap: $2,168,436,569,696

24h Vol: $67,295,363,380

CoinDesk

2023-01-10 11:53:25

Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering

Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering

Altcoins such as solana and lido have gained more than 20% as investors betting on a decline covered their positions, the report said.

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