Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears
About $570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have further tilted the advantage to bearish traders.
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Is Bitcoin’s record-low volatility and decline in short-term holders a bull market signal?
Traders believe that Bitcoin’s low volatility is a bull market signal, but their bias could be preventing them from acknowledging potentially negative macro outcomes.
Fed rate pause triggers traders’ pivot to stocks — Will Bitcoin catch up?
U.S. stock markets hit year-to-date highs, the Fed pauses rate hikes, Binance.US and the SEC reach an agreement, but data shows Bitcoin bulls remain somewhat skittish.
A crumbling stock market could create profitable opportunities for Bitcoin traders
U.S. tech giants are set to report their second quarter earnings throughout October, presenting a scenario that could possibly benefit Bitcoin.
Here’s why holding $20.8K will be critical in this week’s $1B Bitcoin options expiry
BTC bulls were liquidated in last week’s drop to $20,800, meaning even more downside could occur if this level fails ahead of this week’s $1 billion options expiry.
S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures
Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors.