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Bitcoin’s weekend rally faces a $66k trap as traders still hedge for another drop

By cryptoslate.com · · 1 min read
Bitcoin’s weekend rally faces a $66k trap as traders still hedge for another drop

Bitcoin climbed back above $62,000 once a weak US jobs report cooled bets on a near-term Federal Reserve rate hike, and the spot chart reads as a relief rally. The options desks trading Bitcoin's futures are pricing something more guarded.

Read the full article on cryptoslate.com

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