Bitcoin rises to $109.7K, but professional traders doubt BTC’s price movements.

Important takeouts: Bitcoin is trading at an all-time high, but derivative data shows traders being cautious and uncommitted. China’s USDT discounts and spot Bitcoin ETF leaks highlight investors’ concerns over global trade tensions. Bitcoin (BTC) exceeded $109,000 on Wednesday after briefly retesting its support level at $105,200 earlier in the day. This surge coincided with […]