Bitcoin Tops 83000 But Wintermute Warns Spot Demand Remains Unusually Weak
Bitcoin topped $83,000, but Wintermute says weak spot demand and rising open interest point to a short squeeze. Bitcoin rose above $83,000 as risk assets moved higher, but Wintermute warned that the rally may not be fully backed by spot demand. The firm said weak cash-market activity and rising leverage suggest the move was driven […] The post Bitcoin Tops 83000 But Wintermute Warns Spot Demand Remains Unusually Weak appeared first on Live Bitcoin News.