These Two Bitcoin Indicators Offer Light in a Gloomy Marke
BTC has dropped over 13% this month, but all is not lost, according to key indicators.
BTC has dropped over 13% this month, but all is not lost, according to key indicators.
Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session.
Large holders resorted to bargain hunting in July as the cryptocurrency experienced two-way price volatility.
Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.
Some analysts are forecasting an ether price swoon after ETFs begin trading in the U.S. The options market disagrees.
Speculation is high that Trump will announce a bigger role for BTC in the financial system, triggering a parabolic rise in the cryptocurrency’s price, one observer said.
The address has made $30 million in trading profits in the past 12 months, according to Lookonchain.
The latest price moves in crypto markets in context for July 17, 2024.
Open interest in XRP-tracked futures has nearly doubled over the past seven days, which is indicative of traders’ expectations of price volatility ahead.
Traders said these options will help define risk and protect capital from expected volatility in the lead-up to and following the binary event.