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Bitcoin Price Swings Amidst Derivatives Shakeout and Cooling Onchain Demand

Bitcoin Price Swings Amidst Derivatives Shakeout and Cooling Onchain Demand

Bitcoin opened the week on a tumultuous ride as price cascaded over 15% in two short days. An extreme volatility to the downside over the weekend and into Monday brought about a significant wipeout in the derivatives market. Regardless of this turmoil, Bitcoin is still doing well holding onto that...