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Bitcoin futures premium hits 7-week high: is the rally sustainable?

June 3, 2024 by DIGIT
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Bitcoin flirted with $70,200 on June 3, but traders fear excessive leverage might be a double-edged sword.

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Categories Basis, Fed, Gamestop, GME, Markets, memecoins, premium, Skew
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  • bitcoinBitcoin(BTC)$98,198.00-0.59%
  • ethereumEthereum(ETH)$3,409.241.72%
  • tetherTether(USDT)$1.00-0.07%
  • solanaSolana(SOL)$254.71-1.95%
  • binancecoinBNB(BNB)$662.261.84%
  • rippleXRP(XRP)$1.45-6.21%
  • dogecoinDogecoin(DOGE)$0.433442-6.22%
  • usd-coinUSDC(USDC)$1.00-0.05%
  • cardanoCardano(ADA)$1.06-2.86%
  • staked-etherLido Staked Ether(STETH)$3,406.401.70%
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  • bitcoinBitcoin(BTC)$98,198.00-0.59%
  • ethereumEthereum(ETH)$3,409.241.72%
  • tetherTether(USDT)$1.00-0.07%
  • solanaSolana(SOL)$254.71-1.95%
  • binancecoinBNB(BNB)$662.261.84%
  • rippleXRP(XRP)$1.45-6.21%
  • dogecoinDogecoin(DOGE)$0.433442-6.22%
  • usd-coinUSDC(USDC)$1.00-0.05%
  • cardanoCardano(ADA)$1.06-2.86%
  • staked-etherLido Staked Ether(STETH)$3,406.401.70%