Bitcoin catches a bid, but data shows pro traders skeptical of rally above $92K
Key takeaways: Economic uncertainty, a delayed jobs report and weakness in the housing market are causing traders to retreat from Bitcoin. Pro traders are incurring high costs to protect against Bitcoin price drops, while in China, stablecoins are being sold at a discount to exit the crypto market. Bitcoin (BTC) faced a $2,650 pullback after...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
