Bitcoin's move to $50,000 has revived bullish sentiment, lifting futures premiums on most major cryptocurrency exchanges, which are often seen as a gauge of speculative interest. Though on the Huobi exchange, historically skewed toward Chinese customers, the premium hasn't budged, potentially due to its decision to suspend services to China-based clients. "The Hash" team discusses Huobi's impact on the bitcoin futures market and spot price and the implications for DeFi.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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