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Bitcoin B/O spread on BitMEX spikes; traders tread cautiously

Bitcoin B/O spread on BitMEX spikes; traders tread cautiously – AMBCrypto

Bitcoin has endured a turbulent few days, with the price of the king coin dropping to a price of $8,736, at press time. Derivatives are a crucial element towards determining market sentiment and at press time, the derivatives market was suggesting that market makers are anticipating another bearish pull as the Bitcoin halving nears.




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