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Bitcoin Pullback Pauses as Traders Reduce Leverage

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Separately, within the bitcoin choices market, open curiosity (contracts which were traded however not but liquidated by an offsetting commerce) is close to all-time highs final seen throughout March and April, which preceded a major value drop. It is feasible that open curiosity can stay round present ranges for one more month earlier than a sustained downturn in BTC’s value.

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