---
title: "Bitcoin futures premium hits 7-week high: is the rally sustainable?"
url: https://diffcoin.com/bitcoin-futures-premium-hits-7-week-high-is-the-rally-sustainable/
description: "Bitcoin flirted with $70,200 on June 3, but traders fear excessive leverage might be a double-edged sword. Source link"
published: 2024-06-03
updated: 2024-06-03
author: "Mila"
site: "Diffcoin"
---

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

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

[Source link](https://cointelegraph.com/news/bitcoin-futures-premium-hits-7-week-high-is-the-rally-sustainable)