Schwab Network

Crypto Traders Bearish on NDX, Bullish on Gold Amid Dollar Weakness


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Kaledora Kiernan-Linn, CEO of Ostium, explains how crypto-native traders are positioning themselves in traditional markets. She points out that 88% of traders on their platform are net short on the NASDAQ, and nearly half of their trading volume has been in precious metals, primarily gold and silver. She reveals that despite their crypto origins, these traders are more bullish on gold than crypto, with a consensus view of bearishness for crypto until September, anticipating Federal Reserve rate cuts.


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