Dow Futures Rise, But Bitcoin Wrestles with ‘Backwardation’
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US stock market futures rose ahead of Wednesday’s opening bell, with Dow contracts toying with a 100 point gain and others posting more modest increases. Cryptocurrencies, meanwhile, traded sideways as analysts weighed the impact of bitcoin slipping into “backwardation” on the futures markets. Dow Futures Tick up as Banks Report Positive Earnings As of 8:40
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