📉#Bitcoindropped sharply after Wall Street opened on July 30, BTC price dropped to $65,798 (-2.3% in 24 hours).
🔹 $800M of BTC futures contracts wiped out after drop from $70K.
🔹 Trader Skew: "The move to reduce leverage is complete."
🔹 Trader Daan Crypto Trades: "Spot activity will determine market direction."
📊 BTC futures open interest reached a new high of $39.46B on July 29, predicting more volatility to come.
💬 Where do you think BTC will go next? Comment below! 🚀
#Crypto#Blockchain#Finance#BTC #MarketTrends