First Mover Americas: Bitcoin Little Changed After Liquidation Rout

First Mover Americas: Bitcoin Little Changed After Liquidation Rout


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Bitcoin was little changed over the weekend following a $400 million liquidation rout on Friday. BTC fell to under $69,000 from over $71,000 after U.S. non-farm payrolls data came in stronger than expected, which saw open interest and trading volume slump. Since Friday, the number of unsettled futures contracts across various tokens slid to $60 billion from $99 billion, suggesting traders significantly pared bets. However, analysts at Presto Research told CoinDesk

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