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Sudden Weekend Drop in Bitcoin Pressures Futures

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A trader panics in the face of Bitcoin's rapid fall.

Bitcoin sharply dropped this weekend, and the clearest signal does not come from the spot market. It comes from derivatives. The drop of over 10% between a peak at $84,177 and a low at $75,947 opened a rare gap on CME futures contracts, with a price difference exceeding 8% at reopening. It's the fourth largest gap since the launch of Bitcoin futures in 2017.

L’article Sudden Weekend Drop in Bitcoin Pressures Futures est apparu en premier sur Cointribune.

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