Bitcoin Range-Bound as ETFs and Whales Diverge
Bitcoin range-bound action continues on July 28. BTC traded near $63,490 after falling below $64,000. The decline began during a broad risk-off move. Asian markets led the selling pressure. Why Bitcoin…
Bitcoin range-bound action continues on July 28. BTC traded near $63,490 after falling below $64,000. The decline began during a broad risk-off move. Asian markets led the selling pressure. Why Bitcoin…
Bitcoin drops on jobs data on Thursday. The latest US employment numbers came in stronger than expected. Initial jobless claims were much lower than forecast. This raised hopes that the Fed…
Bitcoin recovers above $66K on Tuesday. A rebound in Asian technology stocks restored some risk appetite. This follows last week’s semiconductor selloff. The recovery continues from June lows near $58,000. Why…
Bitcoin dips under $63K on Friday. US stocks extended their losses. The US launched new strikes on Iran. This is the sixth consecutive night of strikes. Why Bitcoin dips under $63K…
Bitcoin ETF inflows are staging a comeback. They are once again drawing investor interest. Fresh capital is flowing into these products. BlackRock CEO Larry Fink said Bitcoin price is stable. He…
BlackRock Bitcoin ETF options just got a major upgrade. The SEC approved a sharp increase in contract limits. IBIT options now allow up to 1 million contracts. The previous limit was…
Bitcoin ETF outflows returned with force on Monday. US spot Bitcoin ETFs recorded $424.66 million in net outflows. This marks the biggest single-day withdrawal in July. The data comes from Farside…
Bitcoin drops on Iran strikes Monday. The IRGC hit US bases in Kuwait, Bahrain, and Jordan. This came in retaliation for US strikes. Oil prices jumped 5%. Iran declared the Strait…
Bitcoin options expiry approaches on Friday. BTC reclaimed the $63,000 mark on Thursday, but traders fear a correction ahead of the $1.4 billion expiry on Deribit. The concerns stem from the…
Bitcoin premium index negative for 50 consecutive days marks a record. The Coinbase Bitcoin Premium Index has experienced its longest-ever negative streak, according to Coinglass data. Consequently, this indicates that institutions…
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