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 has twice defended the $81,500 cost basis level associated with U.S. spot ETF investors despite $746 million in recent net outflows from these funds. This level, once resistance, now acts as a key support, indicating institutional investors m...
Legendary investor Paul Tudor Jones warns that 2027 could be very challenging for US stocks due to a surge in new share supply from AI companies like Anthropic and OpenAI. This increase in stock issuance contrasts with previous years where buybacks s...
Bitcoin has been consolidating above $80,000 but lacks strong momentum to confirm a bottom, with $75,000 as a key support level representing the short-term holders' cost basis. Recent activity shows many short-term holders are taking profits, and dor...
Bitcoin's price paused near $88,000 after long-term holders who bought during the 2025 rally sold heavily, especially as it approached resistance around $85,000 to $87,000. This selling pressure, combined with $487 million in ETF redemptions and over...
Bitcoin rose 2.24% to $83,591 after dipping to $80,953, maintaining a higher low that supports an uptrend. Market sentiment has cooled from August's extreme greed to a neutral level, reflecting cautious optimism among traders. Bitcoin ETFs saw net ou...
