$735 million in BTC options expire on May 6 and data suggests that the current macroeconomic conditions will continue to favor bears.
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Bitcoin ‘bear market’ may take BTC price to $25K, says trader with stocks due capitulation
It could still go either way for Bitcoin price action, but one analyst believes Bitcoin is already coming out on top versus equities.
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Here’s why Bitcoin bears aim to pin BTC under $39K ahead of Friday’s $1.9B options expiry
Holding BTC price below $39,000 will give bears a $350 million profit in this week’s $1.9 billion options expiry.
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While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned
Read moreBitcoin Slips Below $40k After Hostile Statements From Fed
Bitcoin, the flagship crypto slipped below $40K after the Federal Reserve Bank of the United States made hostile comments. Powell stated on Thursday that at
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Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust
Macro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support.
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