✉news BusinessCrypto first seen 5 d ago, last 4 d ago, peak #11
Crypto's Leverage Machine Finds New Life Beyond Bitcoin Bets
Original: Crypto’s Leverage Machine Finds New Life Beyond Bitcoin Bets
Bloomberg reports that the leverage machinery long associated with Bitcoin trading is being revived and extended to bets beyond the original cryptocurrency. Leveraged instruments built during crypto's boom years are finding fresh use cases as traders seek yield and exposure across a broader range of digital assets and crypto-linked products. The piece suggests leverage is returning to the market despite past blowups tied to overextended positions.
Why now: Renewed risk appetite and leverage in crypto markets is drawing attention after years of deleveraging following major collapses.
BloombergBitcoincrypto markets
Rank over time, top of the chart is #1. 6 snapshots from 5 d ago to 4 d ago.
Evidence
- Crypto’s Leverage Machine Finds New Life Beyond Bitcoin Bets · Bloomberg.com
API: https://socialmediatrends-api.osmike.com/v1/trends/2275960