Ahead of Wednesday's U.S. Consumer Price Index (CPI) release, bitcoin and ether remain in a tight trading range, with traders positioning for a potential breakout. Some investors are buying call options betting on a price rise if the CPI is softer than expected, while others are setting up strangle strategies to profit from increased volatility regardless of direction. Analysts note a cautiously optimistic market sentiment as major coins are being accumulated off exchanges, though derivatives traders remain guarded. The CPI report is seen as a key event that could push bitcoin out of its current $62,000–$66,000 range, influencing risk assets and Federal Reserve policy expectations.
Bitcoin traded near $87,200 following US officials' positive meeting with Iran, sparking a 14% weekly price gain from $75,600. CryptoQuant founder Ki Young Ju predicts a more mature bull cycle with 3-5x gains, down from previous 10x rallies, citing s...
Since 2010, bitcoin has faced 478 public declarations of its demise from figures like Peter Schiff, Warren Buffett, and institutions such as the European Central Bank. Despite these calls, $1,000 invested at each major 'bitcoin is dead' moment would ...
Bitcoin Cash surged 31.2% in 24 hours to $349.63, leading gains in a mostly stable crypto market where Bitcoin held above $86,000 and total market cap was $2.94 trillion. This sharp rise appears driven by targeted investor accumulation rather than br...
Bitcoin's recent rally has pushed prices back into the $85k-$90k range, with short-term holders recovering losses and ETF demand hitting record inflows. The Fear and Greed Index shows 'extreme greed,' signaling high market euphoria that could lead to...
Zcash surged about 10% to over $1,600, outperforming major cryptocurrencies while Bitcoin stabilized near $87,000 following recent gains. The broader crypto market benefited from declining oil prices and Treasury yields, boosting investor confidence ...
