Crypto Update | AMC and Wall Street Are Learning All the Wrong Lessons From Crypto
Markets Outlook
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Cryptocurrency - The Open Interest Leverage Ratio
Open interest leverage ratio, a metric that measures the amount of dollars locked in open, perpetual future contracts against the market capitalization of the underlying crypto currency. The rising ratio indicates open interest is out pacing market size and increasing the risk of volatility due to future long or short squeezes. A future squeeze refers to a sudden move in an asset's price caused by bullish or barish traders abandoning their positions. And besides, ether eams along pennn technological upgrade, dub the merge is due in mid september. That upgrade is projected to cause a drastic reduction in ether supply and bring a store of value appeal to the crypto currency - at least in theory.
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