Traders have purchased $2.5 billion in bitcoin call spreads targeting a price of $72,000 by July 31, coinciding with the Federal Reserve's interest rate decision on July 29. This bull call spread strategy indicates moderate confidence in bitcoin's price rising from its recent $64,000 level. The timing suggests traders expect the Fed meeting to be a catalyst for price movement, despite current market odds favoring a hold on rates. Geopolitical tensions and inflation data add complexity, but large traders appear optimistic about bitcoin's near-term gains.
On October 8, the cryptocurrency market experienced a wave of liquidations totaling approximately $1.14 billion within 24 hours, driven mainly by leveraged long positions. Ether accounted for the largest share of these liquidations at around $333 mil...
Crypto derivatives experienced $1.19 billion in liquidations over 24 hours, with bullish positions accounting for over $1 billion. Ether liquidations totaled about $356 million, surpassing Bitcoin's $298 million, with Ether's liquidation rate roughly...
Bitcoin's price recovered to $82,000 after President Donald Trump announced the U.S. would not attack Iran before the November 3 midterm elections, reducing geopolitical tensions that had pushed oil prices up and cryptocurrencies down. The market had...
Bitcoin's price hovered around $81,979 following a sharp drop and quick rebound. Meanwhile, 25 major accounts placed and maintained large limit orders totaling about $202 million, with buy orders making up approximately $168 million. These orders wer...
Bitcoin fell 1.55% below $81,000 and Ether dropped 3.88% under $2,500 during a broad crypto market selloff that pushed most sectors lower. The AI sector led declines with a 5.09% drop, while DeFi, CeFi, meme tokens, and Layer 1 assets also weakened s...
