Crypto markets face risk-off spillover from oil and Hormuz tensions
Crypto markets fell into a risk-off trade as oil swings, stretched asset prices and worries over credit pressure weighed on risk assets.
1 min read
Crypto markets fell into a risk-off trade as oil swings, stretched asset prices and worries over credit pressure weighed on risk assets.
Bitcoin futures open interest hit 726,000 BTC as altcoins gained some traction, but leverage still drove much of the move.