Bitcoin in Modest Rally Mode After Thanksgiving as December Fed Rate Gets Locked In
Crypto-related stocks are higher across the board, led by the bitcoin miners.
Crypto-related stocks are higher across the board, led by the bitcoin miners.
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$113,421.04 is hovering around $113,000 after dropping 1.4% in 24 hours, while the broader crypto market, measured via the CoinDesk 20 (CD20) index, fell 2%. The declines come amid a rotation into stablecoins ahead of… Read More
Open interest climbing from $25 billion to nearly $30 billion reflects fresh leverage entering the market — a double-edged sword that could amplify upside momentum above $112,000 but heighten liquidation risks below $110,000, an analyst noted.
A Florida House Republican has filed a revised bill to allow the state to invest in digital assets, such as Bitcoin and crypto ETFs, after Florida’s operations subcommittee withdrew his initial attempt in June. The Florida House Bill 183 would let the state and certain… Read More