On April 10, about $2.2 billion worth of crypto options expired, including $1.9 billion in Bitcoin and $332 million in Ethereum contracts. Bitcoin options show renewed optimism with more bullish bets and a max pain price near $69,000, while Ethereum derivatives signal a rare bullish trend with a positive taker buy-sell ratio on Binance, indicating buyer dominance. This steady buildup suggests improving market sentiment despite broader macro uncertainties, supported by a recent $90 billion increase in total crypto market capitalization. The event itself is smaller than previous quarters and unlikely to move prices alone but highlights cautious optimism in crypto markets.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
