XRP & Solana Buck the Trend: Bullish Signals Emerge

XRP and Solana defy Bitcoin and Ether's bearish slump! Options traders are betting big on XRP and SOL price surges, favoring call options over puts, signaling bullish sentiment. But don't get too excited, XRP and SOL markets are smaller and more volatile than BTC and ETH. Meanwhile, Bitcoin and Ether remain under a cloud of put options, suggesting traders are hedging against further price drops. Perpetual futures show a neutral stance, with funding rates near zero, indicating caution after a recent $20 billion futures wipeout.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.