FeesSafety
Pluang+

U.S. Bitcoin market shows cautious stance with more short futures and weak institutional buying.

Market News
24 Oct 2026
Tokenpost
View Source
Neutral
U.S. Bitcoin market shows cautious stance with more short futures and weak institutional buying.

Recent data from CME, Coinbase, and institutional trading venues indicate a defensive stance in the U.S. Bitcoin market. Leveraged funds hold more short than long futures contracts, Coinbase spot prices trade at a slight discount, and institutional trading volume has dropped sharply. Rising market volatility and a stronger dollar add to the cautious mood. A sustained narrowing of the spot discount and increased institutional trading would be needed to signal a stronger buying appetite.

Bitcoin futures and spot market caution is reflected in Pluang's broader crypto market data. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 24, 2026 18:51 WIB: out of 50 major cryptocurrencies, only 6 rose while 43 fell. Notable movers include COTI down 6.11% with 84% sell orders, ATOM down 5.78% with 54% sell orders, and SAND down 5.32% with 60% sell orders, indicating a predominantly bearish sentiment among traders.

More News

Nanobiotix reports promising Phase 1 results for JNJ-1900 in advanced melanoma resistant to anti-PD-1 therapies

Nanobiotix reports promising Phase 1 results for JNJ-1900 in advanced melanoma resistant to anti-PD-1 therapies

Nanobiotix announced positive Phase 1 trial results for JNJ-1900 (NBTXR3), used with radiotherapy and immune checkpoint inhibitors, in 24 heavily pretreated advanced melanoma patients resistant to anti-PD-1 therapies. The treatment showed a 41.7% obj...

Company Fundamentals
Bullish
1 hour ago
Genmab and Incyte launch trial combining petosemtamab and INCB161734 for KRAS G12D metastatic colorectal cancer.

Genmab and Incyte launch trial combining petosemtamab and INCB161734 for KRAS G12D metastatic colorectal cancer.

Genmab and Incyte announced a Phase 1/2 clinical trial to test a combination of petosemtamab, INCB161734, and standard chemotherapy as a first-line treatment for metastatic colorectal cancer with the KRAS G12D mutation. This mutation is common and li...

Company Fundamentals
Bullish
1 hour ago
AirTripMaker launches guide for Business Class flights from the US to 15 global destinations.

AirTripMaker launches guide for Business Class flights from the US to 15 global destinations.

AirTripMaker has introduced a comprehensive Business Class Flight Routes Guide to help travelers from the US explore premium flight options to 15 major international destinations across Asia, Europe, Africa, and Australia. The guide covers airlines, ...

Others
Neutral
3 hours ago
Tether's Mining Development Kit gains support from 15 mining firms to unify Bitcoin mining tools.

Tether's Mining Development Kit gains support from 15 mining firms to unify Bitcoin mining tools.

Tether has announced that 15 mining operators, ASIC manufacturers, and mining pools have committed to integrating with its open-source Mining Development Kit (MDK). The MDK aims to solve compatibility issues in Bitcoin mining by providing a unified f...

Protocol Fundamentals
Bullish
4 hours ago
U.S. Bitcoin ETFs saw $6.4B inflows since August, outpacing corporate buys amid rising producer prices and rate hike bets.

U.S. Bitcoin ETFs saw $6.4B inflows since August, outpacing corporate buys amid rising producer prices and rate hike bets.

Since August, U.S. spot Bitcoin exchange-traded funds (ETFs) have attracted about $6.4 billion in net inflows, significantly more than the roughly $1.5 billion in Bitcoin purchases by corporate treasuries. BlackRock’s IBIT ETF led with around $6 bill...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App