BTC Traders Cut $2B Leverage Before Fed Rate Cut Decision
Key takeaways: Bitcoin futures open interest fell $2 billion in five days, signaling cautious futures traders. Binance taker volume averages cycle lows as the market waits for Fed’s interest rate decision. The Coinbase premium suggests steady US demand defending $115,000. Bitcoin (BTC) traders appear to be scaling back exposure ahead of the US Federal Reserve’s…
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