Crypto derivatives traders are staying cautious and defensive, ignoring the recent optimism from the Fed rate cut, according to a latest report by Bybit and Block Scholes.
A recent report by Dubai-based cryptocurrency exchange Bybit and London-based financial technology firm Block Scholes showed that crypto derivatives traders remain cautious despite the US Federal Reserve’s latest rate cut. According to the report, activity in perpetual futures remains muted Bybit's latest 'Crypto Derivatives Analytics Report', in collaboration with Block Scholes, examined market conditions around the final Federal Open Market Committee meeting of the year. The meeting