Crypto News

Introduction to BTC Derivatives Bitcoin derivatives are financial instruments that allow traders to speculate on the price movements of Bitcoin without actually owning the underlying asset. These include futures contracts, options, and swaps, which are traded on various cryptocurrency exchanges. Factors Affecting BTC Derivatives Market The recent drop in Bitcoin's price below $60,000 has been attributed to a combination of macroeconomic and crypto-specific factors. These include the rise in bond yields and the strengthening of the US dollar, as well as the selling pressure from miners and institutional investors. As a result, the BTC derivatives market has seen a surge in trading activity, with traders using these instruments to hedge against potential losses or to profit from the price movements. Impact of Macro Factors on BTC Derivatives The rise in bond yields and the strengthening of the US dollar have caused a ripple effect in the financial markets, leading to a sell...