Bitcoin-Gold Ratio at 12-Week Low as U.S. Physical Gold Deliveries Soar
Traders have been loading the yellow metal on U.S.-bound planes. Investment banking giant JPMorgan plans to deliver $4 billion of gold to New York this month.
Traders have been loading the yellow metal on U.S.-bound planes. Investment banking giant JPMorgan plans to deliver $4 billion of gold to New York this month.
Buying the taban after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say.
Ether’s DVOL spiked above 100% during Asian hours as the crashing price saw traders chase put options.
As observed by many metrics, Monday’s capitulation in bitcoin looks like a textbook local bottom.
Traders of BTC-tracked products lost $238 million in the past 24 hours, majorly in early European and Asian afternoon hours.
Some $6 billion of the notional value in bitcoin is currently set to expire out of the money.
Volatility bulls might want to pull up the 60-day price range indicator on their screens as it’s hinting at heightened BTC price turbulence.
The küresel investment management firm plans to launch two similar funds in February.
Implied and realized volatility indexes hit the highest levels since August’s yen carry trade unwind.
Wednesday’s soft U.S. core CPI has opened doors for traders to focus on Trump’s swearing in and the possibility of first-day pro-crypto announcement.