Bitcoin options data reveals traders are hedging against near-term downside risks around $63,000 while maintaining bullish positions targeting $80,000. The put/call ratio of 0.78 indicates a mildly bullish market, with significant open interest in both protective puts and optimistic calls. This mixed positioning suggests cautious optimism, with traders preparing for potential volatility but expecting a possible rally if momentum and liquidity improve. Bitcoin's price near $62,955 reflects this balance between short-term caution and longer-term upside potential.
Bitcoin has dropped from a top 6-8 global asset to 17th place by market cap, now at risk of falling out of the top 20 entirely. This decline is due to heavy investor interest shifting towards semiconductor and memory-chip companies like SK Hynix and ...
Top crypto traders have increased their bullish futures positions on Solana, with the largest rise in long exposure seen in the dollar-margined market. Solana's long share jumped by 2.06 percentage points to 63.61%, signaling stronger near-term optim...
Bitcoin's price dropped below $63,000 due to a global sell-off in risk assets, reflecting its high volatility and sensitivity to macroeconomic factors. Prediction markets show a sharp decline in the likelihood of Bitcoin reaching $66,000 by June 20, ...
Bitcoin fell below $63,000 amid a broad sell-off in global risk assets, reversing gains made earlier in the week due to optimism over the US-Iran peace deal. Other major cryptocurrencies like ether, XRP, and solana also declined. Market watchers warn...
Leading cryptocurrencies including Bitcoin, Ethereum, XRP, and Dogecoin fell amid a hawkish shift in the Federal Reserve's policy. Bitcoin dropped to the low $62,000s, with long liquidations surging and market sentiment showing 'Extreme Fear.' Despit...
