SPX rises 15% and leads the market; understand the trend
SPX6900 (SPX) extended its gains and rose another 15% on Monday (6). The double-digit increase made it the biggest gainer in the market in the last 24 hours.
However, the growing bearish sentiment surrounding the cryptocurrency raises concerns about a possible price correction in the coming days.
SPX sees increase in sell bets
Since January 1st, SPX price has been on an impressive streak, setting new daily records. Last Sunday (5), the token's price rose to a new record of US$1.56. With a 15% gain in the last 24 hours, the asset may look poised to extend its gains.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.