Bitcoin wipes $500M open interest as BTC price drops toward key $70K
BTC price action dips nearly 2%, unsettling late longs as Bitcoin shows no interest in the latest US macro data prints.
![Bitcoin wipes $500M open interest as BTC price drops toward key $70K](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmUyZWUtOWEwZC03NDg5LThjN2EtMTExNjdiYTFlMTRm.jpg?#)
BTC price action dips nearly 2%, unsettling late longs as Bitcoin shows no interest in the latest US macro data prints.
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