Home / Business / Oil down, dollar cools, BoJ signals rate cut: How will this affect Bitcoin?

Oil down, dollar cools, BoJ signals rate cut: How will this affect Bitcoin?

While derivative markets underwent historic deleveraging with $19 billion in futures open interest wiped out, several macro developments are aligning to support crypto’s next leg higher.

Bitcoin’s (BTC) recent correction from its all-time high of $126,100 to current levels around $104,500 may mask a more constructive macro environment that could accelerate the path toward the higher upside.
While derivative markets underwent historic… [4960 chars]

Source: CryptoSlate | Published: 2025-10-17T09:02:45Z

Credit: CryptoSlate

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