Will Today’s Bitcoin Options Expiry Send Markets Lower?
There are around 20,000 Bitcoin options expiring with a notional value of $1.35 billion. However, today’s expiry event is much smaller than in previous weeks, so market impact is likely…
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Bitcoin Struggles at $67K as Polkadot (DOT) Tests $6.5 Resistance (Market Watch)
The cryptocurrency market has been trending sideways for the past few days, following the considerable declines from earlier in the week. It appears that traders are now looking for a…
Bitcoin Supply on Exchanges Hits Dec 2021 Lows: What Does it Mean for BTC’s Price?
Bitcoin’s price surged to $70,000 briefly this week but faltered soon after failing to sustain the momentum and took a sharp turn. At the time of writing, the world’s largest…
Fed’s Rate Hold May Spark Further Bitcoin Price Fluctuations: Analysts
The U.S. Federal Reserve has decided to keep the benchmark federal rate at 5.25% to 5.50%. This stance essentially indicated that there would be very minimal rate decreases going forward.…
Bitcoin (BTC) Volatility Amid FOMC Meeting, Shiba Inu (SHIB) Developments, and More: Bits Recap June 13
TL;DR Bitcoin peaked at $72,000 last Friday, dropped below $70,000 quickly, and fell to $66,000 ahead of the CPI announcement and the Federal Reserve’s rate decision. Shiba Inu’s burn rate…
US Spot Bitcoin ETFs Return to Inflows Amid Massive BTC Price Volatility
The spot Bitcoin ETFs started the current business week negatively, ending their longest streak in terms of inflows on Monday. However, the tides have changed once again, perhaps due to…
Retail Investors Still Bullish on Bitcoin (BTC) Ahead of FOMC Meeting
Bitcoin and the rest of the cryptocurrency market experienced a notable surge following the release of the latest US Consumer Price Index (CPI) data, and now eyes are on tonight’s…
Bitcoin (BTC) Price Skyrockets Above $69,000 as US CPI Data Lower Than Expected
The US Consumer and Price Index for May showed a slight movement for the inflation data, showing a minor decrease to 3.3% compared to April’s numbers of 3.4%. These CPI…
US Spot Bitcoin ETFs See $200M Net Outflows Ahead of Major Economic Indicators
On Tuesday, June 11, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced net outflows of $200 million as the market awaits key economic indicators, including CPI and FOMC data. This followed…
BTC Bears Set Sights on $60K But Fundamentals Remain Promising (Bitcoin Price Analysis)
Bitcoin’s price has failed to keep up its upward momentum and has yet to set a new record high above the $75K level. Given the current price action, even a…
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