Crypto

Bitcoin Faces Low Risk of ‘Liquidations-Induced’ Price Volatility After 70% Surge



“BTC has essentially traded sideways for the past three weeks, yet, we haven’t seen a build-up in open interest. This is a signal that the market is still in a risk-off mode,” Blockware’s analysts noted, saying the non-expiring perpetual futures are typically in demand during periods of sideways price action, as seen ahead of FTX’s implosion.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button