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Bitcoin market in ‘hibernation’ as perp trading activity sinks to three-year low ahead of US CPI release: K33

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Elevated open interest leaves the market exposed to sharper liquidation-driven moves, K33 said, as traders await Wednesday's U.S. CPI report.

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Bitcoin market in ‘hibernation’ as perp trading activity sinks to three-year low ahead of US CPI release: K33
The Block 3h ago

Bitcoin market in ‘hibernation’ as perp trading activity sinks to three-year low ahead of US CPI release: K33

Elevated open interest leaves the market exposed to sharper liquidation-driven moves, K33 said, as traders await Wednesday's U.S. CPI report.