BTCUSDT Open Interest Tumbles Amid Coinbase-US IRS Debacle, Bitcoin Crash Imminent? | Coingape

1 year ago 877

Bitcoin failed to build upside momentum on Hong Kong’s crypto regulatory regime launch on June 1. BTC price tumbled 2%, extending Wednesday’s downfall as Bitcoin closed the month 10% lower for the first time this year. Several factors including macro, technical, and regulatory challenges are heavily impacting the crypto market, causing a market-wide selloff. Bitcoin

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Source: coingape.com

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