It looks like $BTC is pulling back. Bitcoin's annualized three-month basis shows that the premium on the Chicago Mercantile Exchange has dropped sharply to 2.2% over the past week. Watch the Chart of the Day, presented by cryptocom:
Bitcoin's annualized three-month basis, or the difference between futures and spot market prices, on offshore exchanges like Binance, OKX and Deribit, compared to the U.S.-regulated Chicago Mercantile Exchange , show that the premium on the CME has dropped sharply to 2.
2% over the past week.United States Latest News, United States Headlines
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