Bitcoin Traders Defend $92K, But For How Long?
Key takeaways: The BTC futures premium held near 5%, showing leverage demand was not impacted after the failed $98,000 breakout attempt. Bitcoin ETFs saw $395 million outflows as gold hit new records, weakening hedge appeal and pushing traders to price downside risk. Bitcoin (BTC) faced a 3.4% correction over the weekend as investors cut risk...
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