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As bitcoin, altcoin prices gain, derivatives signal skepticism over a sustained rally (opens original article in a new tab)

TL;DR

Bitcoin and major altcoins rose as oil prices eased and Iran-U.S. deal hopes grew, but derivatives data shows skepticism about a sustained rally.

  • Bitcoin and altcoins prices rose due to easing oil prices and Iran-U.S. deal hopes
  • Derivatives data shows mixed positioning and negative CVD indicating skepticism about sustained rally
  • XRP's open interest increased with positive funding rates but negative 24-hour CVD

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