Markets· ★★· bearish·

Multicoin co-founder says crypto market too optimistic, correction possible

  • Tushar Jain: market has reached a "slightly euphoric" level, a correction would not be a surprise
  • Coinbase Bitcoin Premium Index fell to -0.0198% from 0.0013% a day earlier
  • Jain advises holding quality assets instead of trying to time the market
Why it matters: A signal of cooling U.S. demand and a warning about overheating could make traders more cautious at current levels.
Source: Bitcoin Sistemi