Bitcoin options markets reduce risk hedges — Are new range highs in sight?
Bitcoin options market positioning shifted as BTC price shot through the $60,000 to $63,000 level. Go to Source
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Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last. Go to Source
Bitcoin price shows strength above its recent lows — Here is why
A stock market recovery, investors’ anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoin’s recent price gains. Go to Source
South Korea’s Bitcoin Premium Persists Amid Market Volatility
Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52% premium. Despite First Negative Dip Since Oct. 2023, South Korea’s Bitcoin Premium Continues Interestingly, … Read more
‘Overly optimistic’ Bitcoin traders washed out as BTC futures turn ‘neutral’
The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish. Go to Source
Bitcoin’s weekend rally fizzles under $64K — Pro traders take neutral positions
Professional Bitcoin traders have yet to hop on the wagon after BTC’s weekend rally. Cointelegraph explains why. Go to Source
Bitcoin stagnates as bearish headwinds continue to blow
Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops. Go to Source
Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence
On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data from cryptoquant.com, the South Korean premium has seen an … Read more
Ethereum futures open interest hits 19-month high, yet ETH price weakness intensifies
Ethereum derivatives metrics show increased activity, indicating higher interest but not necessarily a bullish trend. Go to Source
Spot Bitcoin ETF inflows surge, but BTC struggles to rally above $65K
Arbitrage trading of the spot BTC ETFs and a drop in demand for inflation hedges could be limiting Bitcoin’s price upside. Go to Source
