CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Bitcoin World 2024-11-08 21:05:29

Bitcoin’s Leverage Ratio Hits Two-Year High, Indicating Possible Correction Ahead

Bitcoin’s Leverage Ratio Hits Two-Year High, Indicating Possible Correction Ahead According to recent data shared by crypto insights platform Satoshi Club (@esatoshiclub) using analysis from IntoTheBlock, Bitcoin’s leverage ratio has surged to levels not seen since the collapse of the FTX exchange. This high leverage ratio indicates an elevated level of open interest in Bitcoin

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.