Nickel is having a parabolic run, surging 250% in two days. It briefly traded above $100,000 due to a reported short squeeze and logistics uncertainty. Chart of the Day explains the data, presented by cryptocom:
Nickel is having a parabolic run as presented in this “Chart of the Day.” It has surged 250% in two days and briefly traded above $100,000 due to a reported short squeeze and logistics uncertainty.
Meanwhile, data on analytics tool Santiment showing large investors piling up Tether’s USDT tokens during the weekend’s decline of bitcoin. FxPro telling CoinDesk that large Tether reserves could signal buyers are preparing to purchase bitcoin.
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