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    Bitcoin Slides to $28.3K After Leveraged Funds Ramp Up Bearish Bets

    kitsiosgeo by kitsiosgeo
    August 17, 2023
    in Cryptocurrency
    0
    Bitcoin Slides to $28.3K After Leveraged Funds Ramp Up Bearish Bets

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    “Whether that’s one of the largest financial services companies in the world launching a stablecoin using public blockchain infrastructure or renewed excitement for futures-based ETH ETFs on the back of a flurry of new applications, both volatility and volume metrics continue to drop to multi-year lows,” David Lawant, head of research at institutional trading desk FalconX, said in a market update.

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    Tags: 28.3KBearishBetsBitcoinFundsLeveragedRampslides
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