Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000.
Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price
![Bitcoin derivatives turn bearish as traders anticipate sub K BTC price Bitcoin derivatives turn bearish as traders anticipate sub K BTC price](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvYjBlYWFjNTItNjRlYy00YWIyLWFjNTMtNDUyNzFkZmFhZWViLmpwZw==.jpg)
Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000.