<ul><li>Bitcoin's recent price decline can be attributed to a high Open Interest rather than the news events, according to an analyst.</li><li>The Wall Street Journal reported that Tether was under investigation, causing bearish sentiment in the market.</li><li>Open Interest in Bitcoin dropped by 9%, indicating an overleveraged market.</li><li>The analyst believes BTC might fall to $60,000, a potential support level.</li></ul>

Analyst Links Bitcoin’s Recent Fall To High Open Interest – Details

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