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US day traders flock to ‘the most dangerous product in crypto’
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NEWSDECK ANALYSIS
The growth in popularity of highly leveraged perpetual futures among US day traders is significant, given the potential risks associated with these financial products. Perpetual futures are a type of derivative that allows traders to bet on the price of cryptocurrencies without actually owning the underlying assets, and high leverage can amplify both gains and losses. The Trump administration's decision to open American markets to these products has likely contributed to their increasing appeal among US traders.
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FT UK
US day traders flock to ‘the most dangerous product in crypto’
Trump administration has opened American markets to highly leveraged perpetual futures
19 Jul, 10:10
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