Bitcoin Price Crash to $50K Dashes Carry Traders’ Hopes

Bitcoin Price Crash to $50K Dashes Carry Traders’ Hopes

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Source: Coindesk.com

Bitcoin futures trade at par or meagre premium to spot prices. The decline in premium dents the appeal of cash and carry arbitrage strategies.

Bitcoin's (BTC) latest price crash has narrowed the gap between futures and spot prices, denting the appeal of carry trades that seek to profit from discrepancies between

Read More https://www.coindesk.com/markets/2024/08/05/bitcoin-price-crash-to-50k-dashes-carry-traders-hopes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Price Crash to $50K Dashes Carry Traders' Hopes" appeared first here Coindesk.com.

Source: Coindesk.com

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