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Investors Can Hedge Long-Term Risk With New 2-Year Bitcoin Derivatives thumbnail

Investors Can Hedge Long-Term Risk With New 2-Year Bitcoin Derivatives

triggered mass sell-offs across both traditional and crypto markets. Contrary to the widely held safe-haven narrative, bitcoin’s (BTC) price dropped to a 10-month low on Thursday, taking many traders completely unawares. Forced liquidations of long positions on derivatives exchange BitMEX have soared past $700 million, adding further downward pressure to the spot price.While volatility is…