2 key metrics point toward further downside for the entire crypto market – Cointelegraph

Apecoin rallied 44% due to the upcoming Otherside metaverse land auction scheduled for April 30.

The OKX Tether premium peaked at 2% on April 28, its highest level in 2022.

Data indicates slightly higher demand from longs , but nothing that would force traders to close their positions.

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