EToro reiterates commitment to crypto despite falling activity in Q1

Burns Brief

CEO Yoni Assia says he’s bullish on crypto and expects to see it back to all-time highs this year even as crypto derivatives trading on eToro dropped The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.