NEAR Jumps 10% to Highest Since December as Altcoins Outpace Majors
- —CoinDesk 80 up 3.1% in 24 hours; CoinDesk 5 up 1.2%; CoinDesk 100 up 2%
- —NEAR gains 10% to highest since December; open interest up 17%
- —ZEC rises 6% with $5.46 billion in futures volume, fourth overall
- —Total futures volume jumps 81% to $126 billion; open interest at $145.8 billion
Why it matters: The altcoin rally is running on thin liquidity, so it may fade quickly without fresh capital inflows.
Source: Koin Bülteni