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No Santa Rally? Bitcoin Derivatives Markets Hint at a Cold December

Bitcoin slid under $88,000 on Sunday morning, putting the market squarely in “so much for the Santa Rally” territory. With derivatives traders scrambling for footing and open interest wobbling across major venues, bitcoi...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

No Santa Rally? Bitcoin Derivatives Markets Hint at a Cold December
Bitcoin slid under $88,000 on Sunday morning, putting the market squarely in “so much for the Santa Rally” territory. With derivatives traders scrambling for footing and open interest wobbling across major venues, bitcoin is signaling that December may be more coal than candy canes. Bitcoin’s December Stumble Sends Derivatives Markets Scrambling Bitcoin’s drop under $88,000 […]

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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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