The crypto market gave way under the pressure of its own leverage. In a few days, nearly 8 billion dollars of open interest on Bitcoin futures contracts were liquidated, triggering a brutal purge of speculative positions. Behind this shock, a rebalancing is emerging, suggesting that a stabilization cycle could begin. L’article Bitcoin Drops $8B In Open Interest : Capitulation Phase ? est apparu en premier sur Cointribune. The crypto market gave way under the pressure of its own leverage. In a few days, nearly 8 billion dollars of open interest on Bitcoin futures contracts were liquidated, triggering a brutal purge of speculative positions. Behind this shock, a rebalancing is emerging, suggesting that a stabilization cycle could begin. L’article Bitcoin Drops $8B In Open Interest : Capitulation Phase ? est apparu en premier sur Cointribune.
Bitcoin Drops $8B In Open Interest : Capitulation Phase ?
The crypto market gave way under the pressure of its own leverage. In a few days, nearly 8 billion dollars of open interest on Bitcoin futures contracts were liquidated, triggering a brutal purge of speculative positions. Behind this shock, a rebalancing is emerging, suggesting that a stabilization cycle could begin.
L’article Bitcoin Drops $8B In Open Interest : Capitulation Phase ? est apparu en premier sur Cointribune.
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