The year-end BTC futures premium on Deribit has risen to 15.19%
Deribit's Asia-Pacific business director, Lin Chen, wrote on X platform that the BTC futures premium rose to 15.19% at the end of the year, with some macroeconomic positives (expectations of a rate cut in September) driving BTC's rise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting altseason
Metaplex unveils indexing and data availability network for Solana
BREAKING: Important Development – Surprise Altcoin Announces It Raised 100 Million Dollars
Is Bitcoin's Rise Real? Analyst Makes Reference to 2021, Announces New ATH Prediction!
The analyst stated that when Bitcoin's ATH level in 2021 is adjusted for inflation, its new ATH level in 2024 corresponds to $83,000.