BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out. Bitcoin rebounded from its weakest level since September, while ether fell and U.S. equity futures also softened. Derivatives data show rising stress, with bitcoin futures open interest jumping as traders add shorts, implied volatility and put skew climbing, and over $1 billion in leveraged positions—mostly longs—liquidated in 24 h…
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