Markets.News
Bitcoin (BTC) is facing pressure, but according to FalconX Head of Trading Strategy, Hassan Baseri, institutional traders are showing increasing interest in Ethereum (ETH) and Hyperliquid (HYPE) as promising opportunities. Baseri revealed on June 18 that the prevalent trade among institutional clients involves being short on cryptocurrencies and long on artificial intelligence (AI) stocks. While AI stocks are currently gaining much market attention and investment, traders within the crypto sphere are carefully monitoring Ethereum and Hyperliquid. Bitcoin, on the other hand, is experiencing uncertainty due to concerns surrounding Michael Saylor's strategy. For more details, the full story is accessible on Benzinga.com.