Bitcoin's been on a rollercoaster, struggling to stay above $95k, with bulls losing $470M in liquidations. Bears aren't biting either, as BTC dips below $92k. Futures open interest hit a 2-month low, but don't count the bulls out just yet! The futures premium is at a bullish 15%, the highest since Dec. 20, 2024. š
US Treasury's fiscal drama adds spice, with potential debt standoffs making BTC ETFs an appealing hedge. Despite the chaos, Bitcoin's derivatives metrics show promise, hinting that bears aren't eager to push prices lower. Stay tuned for more crypto capers!
