Bitcoin treads water near pivotal monthly close while speculative tokens retreat
Bitcoin held near $76,800 as altcoins weakened, WLFI slid and traders watched whether the largest cryptocurrency can hold Tom Lee’s line in the sand.
Monthly
Leading stablecoin Tether shrinks again as market cap looks set for second straight monthly drop
Tether USDT$1.0002, the world’s largest stablecoin by market value, continues to shrink and looks set for a second straight monthly contraction, signaling challenging conditions for a sustainable broader market recovery. Tether’s market capitalization has dropped by 0.8% to $183.61 billion this month, extending January’s 1%… Read More
Bitcoin Faces $13.3B Monthly Options Expiry as BTC Trades Well Below Max Pain
A sharp drawdown has pushed BTC towards heavy put positioning at $80,000 ahead of Friday’s expiry.