Category: Three Arrows Capital

Spot Markets, Not Leverage, Fuel Bitcoin’s Price Rally Amid Mild Derivative Liquidations

Spot Markets, Not Leverage, Fuel Bitcoin’s Price Rally Amid Mild Derivative Liquidations

Nov 6, 2020 at 18:51 UTCUpdated Nov 6, 2020 at 19:10 UTC Bitcoin price and futures daily liquidated positions on BitMEX since January 2020. Spot Markets, Not Leverage, Fuel Bitcoin’s Price Rally Amid Mild Derivative Liquidations Red-hot spot markets are primarily fueling bitcoin’s recent rally as the leading cryptocurrency trades at three-year highs around $15,500, […]

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