Bitcoin is back above $80,000. Crypto market makers are cashing in on the move even though they are not taking directional positions. These sophisticated trading firms are quietly collecting yield from the rally, according to CoinDesk, rather than betting on which way prices will go next.
Bitcoin is back above $80,000, and crypto market makers are cashing in without betting on direction.
These sophisticated trading firms are quietly collecting yield, CoinDesk reports.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.