Crypto market has been rallying over the past four days amid hopeful signs that inflation will soon be under control without triggering a steep recession. Inflation holds center stage on this week’s investor.Only BNB, Avalanche and Shiba Inu were marginally down, whereas all other tokens were trading in green. Polkadot jumped about 5 per cent, whereas Ethereum rose 4 per cent. Bitcoin gained over 2 per cent during the early hours.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of