The U.S. initial jobless claims fell last week, way below expectations, suggesting that the labor market may not be as weak as feared. This has led to a drop in the BTC price, which is trading just ab...

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<p>The U.S. initial jobless claims fell last week, way below expectations, suggesting that the labor market may not be as weak as feared. This has led to a drop in the BTC price, which is trading just above $87,000.</p></div></div>

Breaking: U.S. Jobless Claims Come in Below Expectations; BTC Price Drops

Bitcoin has largely ignored what should have been supportive macro signals. US CPI cooled to 2.7% in December, strengthening rate-cut expectations, yet Bitcoin failed to respond. Instead of attracting...

Is Bitcoin Already in a Bear Market? Fidelity Chief Raises Concerns

Crypto traders’ concerns about Strategy center on how aggressively the company has borrowed money to buy Bitcoin weekly. Over the years, Strategy issued large amounts of convertible debt and other loa...

Crypto investors shift to fear-driven narratives about Strategy 'over-leverage'

While numerous whale traders were attempting to buy the dips Bitcoin at the bottom, a mysterious whale stubbornly short against the trend, holding a short position for two months and profiting from the price decline [...]
The article, titled "Funding Fees Become a Money Tree! A Trader Short$12.5 Million in Two Months Shorting Bitcoin, Earning $9.6 Million from BlockTempo Fees Alone," was originally published on BlockTempo, the most influential ABMedia media.

Funding fees have become a cash cow! One trader profited $12.5 million by short Bitcoin in two months, earning a staggering $9.6 million from funding fees alone.