Bitcoin futures traders de-risk for FOMC, but Coinbase premium shows spot demand
Bitcoin futures open interest dropped by $2 billion ahead of this week’s FOMC, but the Coinbase premium index shows traders are determined to defend the $115,000 price level.
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Bitcoin futures open interest dropped by $2 billion ahead of this week’s FOMC, but the Coinbase premium index shows traders are determined to defend the $115,000 price level.
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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