First Mover Americas: Bitcoin Drops as Traders Take Profits
Briefly

Bitcoin's recent dip below $63,000 indicates profit-taking among traders after a weekend rally, highlighting the volatile nature of crypto market sentiment.
QCP Capital noted a shift in trading strategies, with increased call spread buying against a backdrop of bearish put options, reflecting mixed market sentiment this October.
The Telegram situation with CEO Pavel Durov remains fluid, as he is not formally charged but is under investigation for serious allegations, impacting betting odds.
Celsius' bankruptcy administrator has begun distributing over $2.53 billion to creditors, marking a significant step in the restructuring process for affected parties.
Read at Coindesk
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