$500M in crypto futures liquidated as Bitcoin dips below $34K: What happens next?

by Aurelia Butler 17 January 2021, 11:00 129 Views

Overnight, the price of Bitcoin rose by 6.7% from $35,500 to nearly $38,000. Meanwhile, the futures funding rate sharply increased, indicating an overleveraged market.

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Source: Cryptocurrency - investing.com

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$500M in crypto futures liquidated as Bitcoin dips below $34K: What happens next?

Israel economy likely to grow 4.6% in 2021, says finance minister

UK must not do trade deals with rights abusers, foreign minister says

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