quote$$BTC #TradeStories
Significantly decreased open interest in the futures markets - more than $1.2 billion, indicating a mass closure of positions by traders. The further movement of the market will depend on the June meeting of the Federal Reserve System of the United States, which may influence investment sentiment globally.
Significant declines were also recorded for Solana $SOL SOL $174.94, #XRP $XRP XRP $2.54 and $BNB $655.03 - within 5−6%. #TradeLessons
One of the external factors that could have influenced the market was the announcement regarding the reduction of trade tensions between the US and China. Although stock markets reacted positively to the news, the cryptocurrency segment lost some investor enthusiasm,
stay tuned for more.
