Bitcoin Futures: The Dismal Dance of Discounts and Despair! 💔📉
What to know: Bitcoin futures expiring on Friday are trading below Deribit’s index price. The discount is a sign of weak demand for the cryptocurrency. “Futures prices are trading below spot, which we take as a significantly bearish indicator,” said Andrew Melville, a research analyst at Block Scholes. Ah, the grand spectacle of Deribit, where … Read more