Citing CoinEdition, Bitcoin price continues to slide as sellers maintain control across spot and derivatives markets. The asset is trading near critical support at $89,374, with rising risk aversion reflected in outflows and a $956 million BTC transfer by Mt. Gox. Derivatives open interest has fallen to $66.66 billion, and spot flows show persistent selling pressure. The market is closely watching whether Bitcoin can reclaim key resistance levels at $92,327 and $94,283.
Bitcoin Price Slides as Mt. Gox Moves $956M and Derivatives Outflows Rise
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