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BTC bulls have a chance to profit from this week’s $410 million options expiry, but the factors pulling down equities markets reduce the chance of Bitcoin changing its trend.
BTC and stocks sold-off after comments from the Federal Reserve re-emphasized the Fed’s commitment to lowering high inflation in the United States.
On August 26, $1.27 billion in ETH options expire and data signals that the price is likely to stay pinned under $2,000 until the Merge.
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in…
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows.
Should traders expect further downside after BTC failed to hold above $25,000?
Data shows pro traders are slightly skeptical of the strength of Ethereum’s rally after ETH price sold off at the $2,000 resistance.
BTC futures and stablecoin margin data show whales holding steady even as Bitcoin price failed to hold above $24,000.
Ethereum network developers confirmed September as the date of the upcoming Merge, a move which prompted traders to flip long on ETH.
ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs.