Bitcoin has dropped to its lowest levels in several months, prompting traders to adopt more defensive strategies. There is a noticeable increase in demand for put options, signaling that investors want to hedge against further declines amid ongoing market volatility and economic uncertainty. This shift from optimism to caution in the derivatives market reflects growing risk aversion as traders await clearer economic signals. The coming weeks will reveal whether this defensive stance is temporary or the start of a longer downtrend in Bitcoin's price.
The total cryptocurrency market cap fell to $2.29 trillion, down 8.7% over the past week due to macroeconomic concerns like persistent inflation and expectations of prolonged high interest rates. This environment has led to capital moving away from s...
Bitcoin dropped below $67,000 as uncertainty around Strategy Inc. (MSTR) impacts the market. Technical analysts warn of further downside, with key support levels between $38,000 and $43,000, and stronger support near $25,000 to $30,000 if those fail....
Bitcoin fell more than 11.25% this week, dropping below $65,360 to its lowest since March, pressured by large holders selling 24,602 BTC and Strategy's sale of 32 BTC. The price is testing a key long-term support near $61,800, with a risk of further ...
Standard Chartered predicts Ethereum will climb 41% to around $2,700 by the end of 2026, citing recent Bitcoin sales and Ethereum's ability to generate staking income as key factors. The bank highlights Ethereum's improving network fundamentals and g...
Standard Chartered's Geoffrey Kendrick views Strategy's recent $2.5 million Bitcoin sale as a key moment favoring Ethereum's performance over Bitcoin. Following the sale, Ethereum showed strong resilience with less than 2% losses, while Bitcoin dropp...
