Bitcoin, the flagship cryptocurrency, is navigating its most lacklustre post-halving period to date. The leading cryptocurrency is currently positioned beneath the $60,000 threshold, as indicated by the data. The macroeconomic trajectory of Bitcoin has historically been dictated by its “halving” events. These events transpire approximately every four years, or every 210,000 blocks. They are viewed … Read more
Bitcoin’s bounce from last week’s low is experiencing a downturn, and gold is following suit. BTC was priced at $61,233 on Wednesday, showing a 3% decrease over the last 24 hours and a 6.9% decline for the week. Meanwhile, gold saw a 2% drop, slipping under $4,200 an ounce. The market is betting on high … Read more
Bitcoin is experiencing a significant surge in Open Interest, as derivatives activity has now exceeded the peak session levels noted during the 2025 all-time high. This remarkable surge illustrates the growing involvement of traders and the heightened leverage typically observed during times of intense speculation for significant price fluctuations. With positions increasing in both futures … Read more
Bitcoin surged 3% to $69,120 on Monday as traders came back from the Easter weekend, fueled by a wave of optimism regarding a potential ceasefire in Iran. This rally propelled the largest cryptocurrency to its highest point in more than a week, resulting in the liquidation of $196 million in short positions within the last … Read more
Bitcoin’s three-month futures basis has seen an uptick, indicating a rise in derivatives activity. A CEO highlights that retail users are “buying the dip” while maintaining resilient balances. It was informed that retail usually enters the market late and experiences the most significant losses during unwinds. Traders are ramping up leverage once more, despite Bitcoin … Read more