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- Price Movements: BTC gained another 10% this week despite news that Genesis had filed for bankruptcy, with a reported $5bn in liabilities.
- Market Liquidity: Trade volume on the largest Asia-based exchanges fell to multi-year lows amid a tough regulatory environment in the region.
- Derivatives: BTC open interest has dropped 25% as a short squeeze hits derivatives traders.
- Macro Trends: U.S. futures ETFs were more resilient than Canadian spot ETFs during the crypto winter.
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