Market Analysis
Short Selling on GBP Ramped Up 17% as Truss Became UK’s Prime Minister
Short bets against the pound increased by 17% in the first half of September as Truss became PM.
BTC$59,998.00+2.88%
ETH$1,616.86+3.21%
USDT$0.9989+0.05%
USDC$0.99960.00%
XRP$1.06+2.06%
SOL$77.49+5.95%
TRX$0.3178+0.90%
FIGR_HELOC$1.01-2.79%
HYPE$64.65+0.51%
DOGE$0.073+3.21%
RAIN$0.0156-0.74%
USDS$0.9996+0.02%
LEO$9.25-0.13%
ZEC$413.38+4.05%
XLM$0.1992+9.66%
BTC$59,998.00+2.88%
ETH$1,616.86+3.21%
USDT$0.9989+0.05%
USDC$0.99960.00%
XRP$1.06+2.06%
SOL$77.49+5.95%
TRX$0.3178+0.90%
FIGR_HELOC$1.01-2.79%
HYPE$64.65+0.51%
DOGE$0.073+3.21%
RAIN$0.0156-0.74%
USDS$0.9996+0.02%
LEO$9.25-0.13%
ZEC$413.38+4.05%
XLM$0.1992+9.66%
Macroeconomic risk factors are combining into a heavy stagflation potential.
Short bets against the pound increased by 17% in the first half of September as Truss became PM.
The BoE has postponed the planned sale of UK government bonds amid lingering uncertain market conditions.
Many indicators point to a repeat of the most unpleasant parts of history. Will Bitcoin become the saving grace?