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Rotation of Funds
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SanDisk and Western Digital plunged 10% in pre-market trading, as strong earnings were overshadowed by weaker-than-expected guidance. Analysts suggest this could signal a rotation of funds from AI stocks to cryptocurrencies.
Storage chip giants Sandisk (SNDK) and Western Digital (WDC) both saw their stock prices fall 10% in pre-market trading on Thursday, despite reporting strong quarterly results. Sandisk's Q4 revenue re
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CryptoQuant Founder: Bitcoin—The flow of funds from altcoins has largely dried up, and the logic behind “Altcoin Season” may have changed
Svmuu News: Ki Young Ju, founder of CryptoQuant, wrote that the phenomenon of capital rotation from Bitcoin—which once drove altcoin market trends—has largely disappeared. He pointed out that since 20
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SanDisk and Western Digital plunged 10% in pre-market trading, as strong earnings were overshadowed by weaker-than-expected guidance. Analysts suggest this could signal a rotation of funds from AI stocks to cryptocurrencies.
Storage chip giants Sandisk (SNDK) and Western Digital (WDC) both saw their stock prices fall 10% in pre-market trading on Thursday, despite reporting strong quarterly results. Sandisk's Q4 revenue re
-
CryptoQuant Founder: Bitcoin—The flow of funds from altcoins has largely dried up, and the logic behind “Altcoin Season” may have changed
Svmuu News: Ki Young Ju, founder of CryptoQuant, wrote that the phenomenon of capital rotation from Bitcoin—which once drove altcoin market trends—has largely disappeared. He pointed out that since 20
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Rotation of Funds
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