Bitcoin traders have placed large bets on the cryptocurrency reaching $72,000 by the end of July through options contracts worth about $2.5 billion. This target comes just after the Federal Reserve's July 29 interest rate decision, which could either boost or hinder Bitcoin's climb from around $65,000. The $70,000 to $72,000 range is a critical resistance zone that Bitcoin has struggled to surpass, and breaking above it could signal a new bullish phase. However, sustained gains depend on positive Fed signals and continued buying interest, especially from ETF inflows, as selling pressure from holders remains a risk.
Options data from Coinbase Markets on Nov. 1 indicates that XRP and Solana have the highest implied volatility among four major crypto assets, each at 8.7% for the period through Nov. 8. This figure estimates potential price movement in either direct...
Options data from Coinbase indicates that XRP could experience an 8.7% price movement, up or down, by November 8. This suggests a potential price range between $1.14 and $1.36, based on implied volatility from options trading. The data reflects marke...
Bitway (BTW) led losses among the top 89 non-stablecoin cryptocurrencies, falling 13.82% to $0.909. Other significant drops included Zcash (ZEC) down 10.95%, NEAR Protocol (NEAR) down 10.79%, and Aave (AAVE) down 7.61%. Despite widespread declines, R...
Bitcoin experienced $11.6 million in long position liquidations within a one-hour period ending at 10:04 p.m. ET on November 2, according to combined data from Binance, Bybit, and OKX exchanges. This liquidation occurred as Bitcoin's price fell from ...
Over a 24-hour period, seven major cryptocurrencies including Bitcoin, Hyperliquid, Zcash, AudaCity, Lighter, Monad, and Sui experienced price declines. Bitcoin traded at $77,021, down 1.70%, while AudaCity saw the steepest drop of 10.38% to $0.0183....
