Bitcoin and ether remained in positive territory on Wednesday afternoon, while altcoins sustained their dominance. Analysts suggest this may signal the onset of a period marked by a heightened appetite for risk.
Polygon (MATIC) and Chainlink (LINK) posted double digit gains Wednesday. Solana, which had previously been leading the rally, slowed to lose around 0.7% over the week. SOL remains up more than 85% over the past 30 days.
Leverage is up, analysts say, meaning traders are once again borrowing to make their investments. Binance this week launched a Tether earn product, promising lenders 13% annual percentage yields.
GMX with Arbitrum DAO on Wednesday launched an incentive…
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