Long-term data shows that Fridays tend to be the worst trading day for Bitcoin and the broader cryptocurrency market, with average declines exceeding 1%. This trend is attributed to institutional traders reducing risk before the weekend, the expiration of many crypto derivatives contracts on Fridays, and lower liquidity leading to sharper price drops. Despite this pattern, Bitcoin's price remains influenced by broader macroeconomic and geopolitical factors, so traders should not rely solely on day-of-week trends for decisions.
On July 31, Bitcoin and Ether options worth about $10.43 billion expired, with Bitcoin options totaling $9.6 billion and Ether options $830 million. Bitcoin settled near the $64,000 max pain level, reflecting a concentration of open interest but no s...
The latest cryptocurrency market update reveals mixed price changes among major coins. Bitcoin dropped by 0.77% to $63,738, while Ethereum fell 1.33% to $1,887.75. In contrast, Binance Coin rose 2.43% to $591.76, showing some positive momentum. These...
Bitcoin's daily price swings have tightened to their narrowest since January 2026, with prices stuck between $62,000 and $65,000 and trading volume at a low since November 2023. This period of low volatility, measured by Bollinger bands, often preced...
Bitcoin trades around $63,919 and Ethereum at $1,889, with both cryptocurrencies close to important support and resistance levels that could influence short-term trends. The 200-day moving average remains a critical reference point for assessing mark...
Bitcoin traded near $63,900 after the Bank of Japan held its benchmark interest rate at 1%. Governor Kazuo Ueda's hawkish remarks about rising inflation and AI-driven demand had little impact, as markets had already priced in a likely rate hike in Oc...
