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Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern

Published 07/13/2021, 08:15 PM
Updated 07/13/2021, 10:00 PM
Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern

It's not yet known whether Binance's recent news of being temporarily suspended from the U.K.’s financial system is the main driver behind today's Bitcoin (BTC) price drop. As Cointelegraph reported, the exchange sent emails to affected customers but has not given any details.

Regardless of the reason behind the price weakness, derivatives contracts started to display some oddities, and this could be a troubling sign.

Bitcoin futures annualized premiums. Source: BitcoinFuturesInfo.com

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Latest comments

Don't let the Governments put BTC in the conner. Bitcoin has deflating, meaning the more we buy it the higher its value. lets all together buy a small portion each week, and it will be the best investment ever.Good luck world
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