Bitcoin Price Prediction Shows BTC Below $70K on $13.5B Derivatives Expiry While Pepeto Crosses $8M

Only $2.93 billion in Bitcoin DeFi is deployed while $13.5 billion in crypto derivatives expire today on Deribit, and the BTC outlook turns uncertain as the token tests the 200 day moving average at $69,200 for the third straight session below $70,000. But the real question now is not how to generate yield on Bitcoin [...]

The post Bitcoin Price Prediction Shows BTC Below $70K on $13.5B Derivatives Expiry While Pepeto Crosses $8M appeared first on Blockonomi.