Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price
Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000.
![Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvYjBlYWFjNTItNjRlYy00YWIyLWFjNTMtNDUyNzFkZmFhZWViLmpwZw==.jpg?#)
Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000.
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