From $140K Call to $85K Put: Bitcoin Positioning Reverses Completely
The price of bitcoin has dropped over 25% to $91,000 since Oct. 8.
Bitcoin
Record $1.26B Outflow Hits BlackRock Bitcoin ETF (IBIT) as Bearish Options Cost Soars
BlackRock’s spot bitcoin ETF, IBIT, has registered record outflows this month amid a price slide and a sharp rise in the cost of bearish options used to hedge against further market declines. The Nasdaq-listed BlackRock Bitcoin ETF, IBIT, has recorded a net outflow of $1.26… Read More
XRP Falls 4.3% Even After XRPC ETF Launch on Bitcoin Weakness, Finds Buyers Near $2.22
XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum. News Background The decline unfolded against a backdrop of mixed institutional signals and heightened macro uncertainty. Crypto markets remain trapped in a medium-term downtrend,… Read More
How Low Bitcoin (BTC) Price Can Fall? Analyst Sets $84K as Downside Target
Bitcoin BTC$94,871.97 saw no bounce Friday, holding at session lows below $95,000 late in the U.S. day after a bruising week that dragged prices to their lowest since May. The largest cryptocurrency is again underperforming U.S. stocks, with major U.S. indices holding onto minor gains… Read More
Bitcoin Resonates With Everyone on the Political Spectrum
Bitcoin can resonate with US voters even across political divides, according to a new analysis from the BTC Policy Institute released on Thursday, which shows that each party warms to Bitcoin when it’s seen as aligning with their core values. BTC Policy utilized data from… Read More
Bitcoin, Ether Rise as Trump Announces ‘At Least’ $2K Tariff Dividend Per American
Cryptocurrency prices nudged higher after U.S. President Donald Trump said a direct tariff dividend of “at least” $2,000 will be paid out to most Americans. In a Truth Social post, Trump said the U.S. is generating “trillions of dollars” in tariffs and said the funds… Read More