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The elevated bitcoin futures basis to levels not seen since late 2021 is seen as a bullish indicator for the bitcoin market, an analyst said.




Net inflows to U.S. spot bitcoin ETFs slowed to their lowest level this month on Thursday as bitcoin’s price retreated sharply from its latest all-time high.The spot bitcoin ETFs also witnessed their third-largest day by trading volume as cumulative volume since launch reached $136 billion.

Several altcoins have suffered double-digit price drops today.
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MoreNokia has announced that it will expand its base station production capacity to ten times the current level, with the newly added capacity scheduled to be officially put into operation before the end of the third quarter.
The crude oil futures night session listed on the Shanghai International Energy Exchange closed down 3.93%, with a final price of 508.90 yuan per barrel.
