Today news
About the same in other media
Bitcoin's $6.1 billion options expiry was not enough to break the bearish sentiment
Reading now: 562
Bitcoin's (BTC) price has been ranging between $46,000 and $52,000 for 26 days. Despite the large nominal $6.1 billion year-end options expiry, the bullish and bearish instruments were evenly balanced between $44,000 and $49,000.
Therefore, it was no surprise that the $47,175 price at 8:00 am UTC on Dec. 31 brought little change to the price structure. Even the 3% rally to $48,500 following the event failed to sustain itself, signaling that bears are unwilling to cede their upper hand.
Bulls might
Read more on cointelegraph.comAbout this in other media
President Biden taps economists for Fed governors’ seats, Sarah Bloom Raskin as vice chair for supervision cointelegraph.com /2 years ago
‘1 in a billion’: Second tiny miner solves a block cointelegraph.com /2 years ago
Data shows Bitcoin traders’ neutral view ahead of Friday’s $750M BTC options expiry cointelegraph.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
