Bitcoin suddenly dropped to $110,000.
The main reason could be funding rates, which had already turned extremely positive.
To capture liquidity, exchanges might have triggered this sharp move.
There’s no specific news or announcement behind this sudden dump, it looks more like a market mechanics move than a news driven selloff.
The main reason could be funding rates, which had already turned extremely positive.
To capture liquidity, exchanges might have triggered this sharp move.
There’s no specific news or announcement behind this sudden dump, it looks more like a market mechanics move than a news driven selloff.
