Source: CryptoSlate ↗
Bitcoin’s futures pile has a problem: less cash to fuel a rebound
Translation unavailable. Please try again.
What the source reports
DWF Labs' Martin Lee noted that Bitcoin futures open interest stood at 704,000 BTC this week, the highest since Sept. 24, while spot market liquidity continued to thin. Meanwhile, the Treasury's $25 billion 30-year bond auction on Nov. 12 drew a 2.36 bid-to-cover ratio, down from 2.54 in October, and cleared at 5.441% against a… Read the full story on CryptoSlate Understand the crypto stories that...
Read the original report on CryptoSlate ↗Live market context
BTC Bitcoin
$67,080.38
-2.53% · 24h
23 supported listings
CASH CASH
$1.00
+0.00% · 24h
1 supported listings
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Bitcoin ETFs shed $2.35B in 2 weeks, BlackRock’s losing streak hits 11
US spot Bitcoin ETFs recorded $185.4 million in net outflows Friday, with BlackRock’s IBIT accounting for $143.5 million and Fidelity’s FBTC shedding $41.9 million.
We Asked 3 AIs: Is Bitcoin’s Bull Market Over After a $13K Drop in 10 Days? Here’s What Worried Us
ChatGPT and Grok shared completely different opinions on whether this is a normal correction within a broader bull market or the bears are back in complete control.
Satoshi-era wallet served in a $260 billion lawsuit moves 75 BTC it held since 2011
The roughly $5 million transfer also spent the tiny payment used to deliver a court notice to the address in May.