Crypto Blog
Moreover, crypto markets have been tanking hard all week, with Bitcoin poised to lose its psychological price level of $60,000.Today’s expiring batch of BTC contracts has a put/call ratio of 0.63, which means there are almost twice as many call contracts expiring as puts .
Just $453 million in OI is at $60,000, which is closer to the maximum pain point and current spot prices.that despite the “extreme panic spreading in the market” this week, with BTC losing $60,000 and ETH losing $3,000, major term options implied volatility is falling significantly. It added, “With Bitcoin’s long strength still intact and halving just this Saturday, the bulls still need Bitcoin to lead this month.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
673 BTC Bought by Bitcoin Whale as BTC Price Eyes ReboundBitcoin whale with accumulation of 4,451 BTC boosts holdings
Read more »
Bitcoin lacks support above $60K, chart shows as BTC price halts gainsBitcoin has little support above $60,000 in an ongoing headache for bulls as BTC price hesitates near old all-time highs.
Read more »
Bitcoin holds above $70K as old whales sell BTC to TradFi, not retailBitcoin (BTC) price has investors at the edge of their seats as it see-saws between the $68,000 and $71,000 range.
Read more »
Bitcoin Price Reclaims Territory Above $67K as Banks Reach Out to BTC Miners DirectlyBitcoin price spent the better part of this week in uncharted territory and devoid of upward momentum as it tested the 200-day Exponential Moving Average (EMA). Pendle Finance's total value locked (TVL) skyrocketed to $3.97 billion on Thursday following significant increases in the protocol's fees and trading volume. Ethereum sustained its consolidating movement for the second day on Thursday, trading above $3,300 after crashing earlier in the week.
Read more »
Bitcoin reclaims territory above $67K as banks reach out to BTC miners directlyBitcoin (BTC) price spent the better part of this week in uncharted territory and devoid of upward momentum as it tested the 200-day Exponential Moving Average (EMA).
Read more »
Bitcoin suddenly erases April dip as BTC price jumps 5% above $69KBitcoin cancels its April BTC price dip as bulls add $4,000 in a matter of hours.
Read more »