Options contracts for Bitcoin and Ether totaling about $2.5 billion expire on June 12, with Bitcoin options worth $2.23 billion and Ether options about $293 million. Bitcoin is trading near $63,000, close to a key support range of $60,000 to $62,000 where dealer exposure is concentrated, potentially increasing volatility if prices fall into this band. Despite recent market weakness, many traders still hold bullish call options, indicating some upside interest. Ether remains flat near $1,650, below its max pain level of $1,750, reflecting ongoing challenges to recover after recent selloffs. This expiry event is notable but not large enough to shift the broader crypto market trend, which remains under pressure from low retail demand and macroeconomic concerns.
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...
