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Sub-$10K Bitcoin price caused $653M open interest drop, largest since March

Skew data shows total open interest down by $653 million, reaching $4 billion on Sept. 3. That figure includes perpetual (inverse swaps) and futures with set expiry on OKEx, CME, Binance, and remaining derivatives exchanges.

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Powell says low interest rates could last for years

Fed's Powell: rates to stay low for 'however long it takes'