Savvy traders are looking for signs of capitulation in the spot and perpetual futures market, and renewed demand for calls when calling market bottom and trend reversal higher.
The rise of bitcoin and ethereum, and more favorable macro conditions, could be good news for altcoins this year, says Todd Groth, head of research at CoinDesk Indices.
Perpetual futures based on the index at crypto exchange Bullish, which owns CoinDesk, could help the CoinDesk 20 become a widely followed benchmark akin to the 128-year-old Dow Jones...