No Santa Rally? Bitcoin Derivatives Markets Hint at a Cold December

Bitcoin slid under $88,000 on Sunday morning, putting the market squarely in “so much for the Santa Rally” territory. With derivatives traders scrambling for footing and open interest wobbling across major venues, bitcoin is signaling that December may be more coal than candy canes. Bitcoin’s December Stumble Sends Derivatives Markets Scrambling Bitcoin’s drop under $88,000 […]...