Bitcoin traders anticipate price drop below $50,000, options data show
Bitcoin put options signal bearish outlook, with strike prices around $50K, as Bitcoin drops 10% from ATH amid spot ETF outflows.
Bitcoin put options signal bearish outlook, with strike prices around $50K, as Bitcoin drops 10% from ATH amid spot ETF outflows.
The decision to make the transfer to a cold wallet came after El Salvador’s bitcoin treasury swelled unexpectedly, nearly doubling its previously known stash. The country had been acquiring bitcoin through various means, including daily […]
“Bitcoin remains volatile with the drawdown of 10% we saw this week, with the recent catalyst being driven by spot bitcoin ETF outflows from GBTC of about 300mm on March 20,” Semir Gabeljic, Director of […]
The Bitcoin halving—the quadrennial event that slashes the rewards miners earn for supporting the network—looked to be on target for April 20 (4/20) as of Valentine’s Day last month. And at the time, Bitcoin investors […]
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