Market data shows that at 11:45 a.m. on Tuesday, the price of one Bitcoin was $65,971. That price occupies a central position in a derivatives market that has become progressively divided between institutional confidence and retail caution. Total bitcoin futures open interest across tracked exchanges reached 755,780 BTC, valued at $49.82 billion, according to data. … Read more
Another Friday has arrived, ushering in yet another Bitcoin and Ethereum options expiry event, coinciding with notable advancements in spot markets. Around 19,500 Bitcoin options contracts are set to expire on Friday, July 17, carrying a notional value of approximately $1.23 billion. This expiry is considerably smaller than typical events, thus it is improbable that … Read more
Bitcoin is currently trading beneath a crucial cost threshold that short-term holders invested to obtain it — indicating that a significant number of recent buyers are facing losses as we approach one of the month’s largest options expiry events. Current data indicates that Bitcoin is trading below the Short-Term Holder Cost Basis of $78,900, as … Read more
On Tuesday, Bitcoin’s price soared beyond $76,000, reaching a four-week peak and showcasing its most significant price movement in recent weeks. This rally was fueled by a mix of geopolitical optimism, forced short liquidations, and robust institutional buying pressure. The surge started gaining momentum on the evening of April 13, as bitcoin pierced through a … 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
