Bitcoin futures premium hits 7-week high: is the rally sustainable?


$ 83,176.5
€ 76,376.2
¥ 38,800.0
£ 64,211.5
BTC
1.75 %
$ 1,894.85
€ 1,739.72
¥ 884.25
£ 1,463.15
ETH
1.27 %
$ 207.21
€ 190.25
¥ 96.77
£ 160.07
XMR
-0.04 %
$ 90.49
€ 83.03
¥ 42.22
£ 69.86
LTC
2.54 %

Bitcoin flirted with $70,200 on June 3, but traders fear excessive leverage might be a double-edged sword.