Bitcoin has returned to unchartered territory in a much healthier derivatives backdrop, with perps trading at discounts to the spot.
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Bitcoin familiarizes itself with >$100k
BTC has once again ventured over the $100,000 mark, but this time with a more robust leverage profile. BTC demand from both ETFs and public companies supports the leading crypto asset’s rally to new all-time highs. The liquidation cascades that followed BTC’s first attempts to enter six-figure territory have wiped out over-zealous leverage fr
With bitcoin crossing $100,000, risk appetite has grown, leading to multiple liquidation cascades, yearly high trading volumes, and extreme intraday volatility.lg...more
Bitcoin reached just shy of $100k but has seen a sizeable pullback after MicroStrategy's recent 55.5k BTC purchase announcement. We see clear tendencies of traders attempting to buy the dip as leverage and yields head north. lg...more
With bitcoin crossing $100,000, risk appetite has grown, leading to multiple liquidation cascades, yearly high trading volumes, and extreme intraday volatility.lg...more