Bitcoin Traders Prepare for Turbulence Amid Futures Gap

As Bitcoin continues its rollercoaster ride, traders are nervously eyeing a phenomenon known as the “futures gap,” which has historically led to significant price movements in the cryptocurrency market. With prices hovering near critical levels, investors are bracing for potential volatility ahead.

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Bonk token logo and coin

Solana’s Bonk Token Witnesses Significant Value Drop

The popular smart contract platform Solana’s meme token Bonk (BONK) dropped 29% of its value last week as futures open positions plunged to their lowest level in 30 days. Since its inception, the meme currency has sparked widespread curiosity and has been one of the most depreciating cryptocurrencies in the last week.

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