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 $150,000 target.
While derivative markets underwent histor… [4962 chars]
Source: CryptoSlate | Published: 2025-10-17T09:02:45Z
Credit: CryptoSlate
