Leveraged sell-off drives Bitcoin down to $56K during negative funding rate spike
James Van Straten · 1 year ago
Leveraged sell-off drives Bitcoin down to $56K during negative funding rate spike
Bitcoin's volatile week: from spot rally to leveraging woes.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.