All-time high, froth erased

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16 Dec 2024

All-time high, froth erased

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