‘Magnificent seven’ tech stocks tumble a whopping $280B as crypto surges
Google’s parent company Alphabet was the worst performer on the day, falling 9.5% in a massive $180 billion wipeout. Go to Source
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Bitcoin traders put eyes on $31K even as $2B in BTC options expire on Friday
BTC traders fix their eyes on $31,000 even as $2 billion in Bitcoin options are set to expire this Friday. Go to Source Powered by WPeMatico
Healthy Bitcoin rally: What does a margin lending ratio drop mean for BTC price?
Will $30,000 BTC price hold? Bitcoin market structure remains bullish with another 10% gain on the table as sellers refrain from shorting. Go to Source Powered by WPeMatico
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs
The Fed’s interest hike matched the market consensus and weak employment data boosted investors’ appetite for risk assets, but BTC traders should still exercise caution. Go to Source Powered by WPeMatico
Bitcoin fails to break the $21K support, but bears remain shy
BTC futures and stablecoin margin data shows a lack of appetite from buyers even as Bitcoin gained 7.5% in a week. Go to Source Powered by WPeMatico
Bitcoin derivatives data reflects traders’ belief that $20K will become support
Declining interest in margin shorts and a balanced risk perception in options markets highlight a possible path to $21,500 for BTC price. Go to Source Powered by WPeMatico
Pro traders don’t expect Bitcoin to break and hold $20,000 anytime soon
Bears have controlled BTC price by forcing 111 daily closes below $25,000 and derivatives data shows a reversal of this trend is highly unlikely. Go to Source Powered by WPeMatico
‘Investors Are Running out of Havens’ — Erratic Behavior in US Bond Markets Points to Deep Recession, Elevated Sovereign Risk
Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hike, 10-year notes reached 3.642% and two-year Treasury notes jumped to a 15-year high at 4.090%. The curve between the two- and … Read more
3 Bitcoin price metrics suggest today’s 10% pump marked the final cycle bottom
Is the BTC bottom finally in? Data suggests that bears might be losing their tight grip on the market. Go to Source Powered by WPeMatico
Bitcoin derivatives show a lack of confidence from bulls
High correlation to stock markets and recession risks limit optimism on the part of BTC investors. Go to Source Powered by WPeMatico
