Bitcoin's surge over $10,000 carpet-bombs traders as shorts worth $64.38 million get liquidated - AMBCrypto

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The relationship between the Bitcoin [BTC] Spot and Futures market can be summed up as, “I scratch your back, you scratch mine.” On several occasions, the price of the largest cryptocurrency in the market on Futures exchange has been a tell-tale for its Spot equivalent. Subsequently, whenever BTC has surged, naysayers touting shorts have been carpet-bombed.


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