bullish

Bitcoin

FTT Returns From the Dead

299 Views24 Jan 2023 06:11
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SUMMARY
  • Price Movements: BTC gained another 10% this week despite news that Genesis had filed for bankruptcy, with a reported $5bn in liabilities.
  • Market Liquidity: Trade volume on the largest Asia-based exchanges fell to multi-year lows amid a tough regulatory environment in the region.
  • Derivatives: BTC open interest has dropped 25% as a short squeeze hits derivatives traders.
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